[Korea goyounghun financial newspaper reporter] Kiwoom Asset Management investment is 'Kiwoom Russian explorer pension fund class (C-P2)' of the first commercial banks said that the two days we sold through banks.
Kiwoom asset management side said that the economic recovery and improved relations between the United States and in accordance with expectations, including rising oil prices are expected to yield improvements for this product. Russia has experienced a severe economic crisis and the ruble plummeted in early 2016, oil prices were plummeting as $ 20. Last November, the positives such as the president of the Trump crude oil production cuts consensus and pro-Russian orientation of the Organization of Petroleum Exporting Countries (OPEC) overlaps elected representatives of the Russian RTS index, recorded a growth rate of over 52% last year alone.
Kiwoom differentiator Russia Explorer Fund is a low proportion of third-party funds compared to the Russian energy sector points. Because the higher the proportion of the energy sector according to the oil and commodity price fluctuations severely also fund returns changes to material industry, banking, etc. Since the investment in the balance for a variety of industrial settings 2007 Morgan Stanley Capital International (MSCI) Russia Index compared to stable and recording the performance.
Kiwoom Asset Management Kim, Seong - Hun head of marketing is "despite the interest of heightened investor in the Russian regions and in the retirement pension market is not easy to find a product that invests in Russian regions" and "this" Kiwoom Russia Explorer Fund pension Class' Woori Bank will be able to easily sell through the investment of the retirement pension to pay attention to the growth potential of Russia, "he said.
Kiwoom Russia Explorer Fund is currently entrusted with the operation of scheduled short sketch Capital Bank Group, Denmark material, however, maintenance of the C-P2 (pension class) is 1.985% a year.
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