In the first half of 2017 the Fund unit reaches all-time hight, rose 4.65% year-to-date. This yield supposes annual growth around 10%.
Investment yield was received from coupons, dividends and some speculative transactions with stocks. At June 30th the share of stocks in the portfolio was more than a half — 56%. Another large share is fixed income (36%), and the rest is foreign currency and rubles.
Fund portfolio structure at June 30, 2017
Indicators, % (6 month, Dec 30, 2016 — Jun 30, 2017)
| TNO Capital (unit price, RUR) | 4.65% |
| MICEX index (RUR) | -13.1% |
| RTS index (USD) | -15.8% |
| Benchmark* | -4.05% |
| Inflation rate (May 2017, YoY) | 4,1% |
