Stocks or bonds
main tributary Money over the summer fell on bond funds - they were replenished in total by 20.2 billion rubles. Investing in bonds is suitable for investors who are not ready to take on significant risks, since the debt market is less affected by the current situation than the stock market, Bogdan Zvarich notes.
What kind valuable papers to invest depends on what investment period the shareholder expects. According to experts, mutual funds of bonds are more suitable for short investments (up to three years), while stocks can be chosen for a longer term. According to Investfunds, for three years (from September 2014 to September 2017), the return on equity funds was more than 68%, the return on bond funds was about 60%. At the same time, the reverse picture may be observed for a shorter period: for example, from January to September 2017, the yield of bond funds was 6.7%, equity funds - 5.7%.
You can choose mixed mutual funds, that is, those that are invested in different instruments. “The longer the investment horizon, the more shares you can afford,” says Nikita Yemelyanov. At the same time, he believes that an investor can afford to invest about 10% of his portfolio in stocks for a short period.
Bond funds are not always unambiguously profitable, and when choosing them, experts advise paying attention to the quality of securities in which the company managing the mutual fund (MC) invests. “I would advise choosing funds whose portfolio is made up of bonds of the first class of issuers, that is, securities large companies and companies with state participation,” says Dmitry Alexandrov. The yield on bonds of small companies is usually higher, but the risks, primarily liquidity risk, are very high, the expert believes.
According to him, it is worth taking a closer look at Eurobonds. Russian issuers. There are also such mutual funds, but in this case it is important that only senior issues are included in the fund's portfolio, and not subordinated ones (that is, those for which payments are made last in the event of the issuer's bankruptcy). “I would also advise investing in Russian rather than foreign securities, as this is a more understandable and controllable product for managers. In addition, they have higher returns than foreign ones,” Alexandrov notes.
FinEx Plus Executive Director Vladimir Kreindel believes that it is not worth choosing any particular asset class (stocks or bonds) and investing only in it, trying to guess the direction of the market. “A more correct way is to create and maintain a balanced portfolio, which includes stocks, Eurobonds, gold,” the expert says.
How to choose a fund
When choosing a mutual fund in which to invest, the shareholder should first of all look at the stability of the fund's performance, the predictability of its profitability, Nikita Yemelyanov believes. At the same time, the analyst does not advise focusing only on historical profitability. “This is, of course, an important parameter, but it is far from being the key one. The manager could get lucky and invest in an asset that grew with the market. It happens that one successful transaction can make the fund a leader in terms of profitability at the end of the whole year, but this does not at all guarantee that the investment strategy of the management company will continue to be successful,” says Yemelyanov.
Dmitry Alexandrov adds that history management company and its reliability (as assessed by rating agencies) are also of great importance.
In addition, the size of the mutual fund is important. Price net assets fund (NAV) is a publicly available indicator that shows how much money the fund has minus liabilities at the calculation date. According to analysts, the larger the fund, the less dependent shareholders are on the actions of other large shareholders of the same fund.
And, of course, the shareholder should familiarize himself with investment strategy UK. Lawyers note that this issue is controlled by the Central Bank, and deviation from the tools allowed in the strategies is prohibited. “Execution is monitored by both the Central Bank itself and a special depositary (assets vault), which approves transactions, conducts transactions at the request of managers and blocks if transactions are unusual or harmful to shareholders,” explains the managing partner law firm YurPartner Anton Tolmachev.
How much will the shareholder receive
Buying or selling a share of an open-ended fund is not difficult, explains Vadim Yarosh, head of the client relations development department at Kapital Management Company. The client needs with a passport and bank details contact the management company or an agent (usually banks that provide services for processing purchase and sale transactions with mutual funds act as agents). You can apply for a purchase or sale (redemption) on any business day. “The conditions for the acquisition and redemption are spelled out in the rules of the fund. You can withdraw part of the assets, in the same way, the investor can freely buy additional shares at will, ”says the expert.
Each fund has its own entry threshold. “On average, this is from 10 thousand rubles, but many companies set a lower threshold,” says Vadim Yarosh. Between the funds of one management company, in some cases, it is also possible to exchange shares without a commission.
When calculating the value of a share, the investor must take into account the costs - discounts and surcharges that must be paid during the transaction. When entering the fund, the investor pays a premium, the amount of which depends on the amount of the acquisition. This percentage is charged as a reward to the person accepting the application for entry and, according to the Law on Investment Funds, is not more than 1.5% (for some funds, the premium is 0%). For example, if a share costs 10 thousand rubles, and the markup is 1%, then the total cost of the share is 10.1 thousand rubles.
When a contributor decides to withdraw from the fund, he must pay a discount (fee to the person accepting the redemption request), which is no more than 3%. For example, if the value of the purchased shares has increased to 15 thousand rubles, and the discount is 1%, then 150 rubles will be withheld from this amount during the sale.
You also have to pay tax on your income. “If a person sells shares after three years of ownership, then there is no taxation at all, and if earlier than three years, then 13% of the income is charged tax agent”, Anton Tolmachev explained.
Cons of mutual funds
Despite the increase in the amount of funds raised in mutual funds, many analysts are skeptical about this instrument. “The attitude towards mutual funds has changed after financial crisis 2008. Then the funds showed very poor dynamics, and most of the shareholders did not have time to withdraw funds on time, having lost significantly, ”reminds Bogdan Zvarich.
Mutual investment funds can hardly be called the best option for a Russian investor, Vladimir Kreindel believes. “High costs and losses caused by the peculiarities of the operation of mutual funds (for example, the need to maintain a high proportion from the fund's portfolio in rubles) can seriously worsen investment results,” he believes.
In addition, unlike bank deposits, investments in mutual funds are not insured by the state, even if the shares were purchased through a bank. And a portfolio of bonds can lose significant value. “Let’s say the fall in bond prices at the end of 2014 wiped out all the earnings from the previous two or three years,” says Kreindel.
However, he adds, these shortcomings do not mean that collective investment vehicles should be ignored, because the increased yield compensates for the possibility of drawdowns in the form of a temporary decrease in value.
For many, the actual question is how to use savings with passive growth from investments or bank deposits. Alternative bank deposits are investment funds, mutual funds and so on.
Reviews about the investment fund "Opening"
Money has to work. This simple phrase in ours acquires not an abstract, but a concrete meaning. Anyone who has even small deposits can invest his available funds to various management companies and investment funds in order to start receiving passive income. The main thing is to choose the right management company.
Otkritie Investment Fund has been operating in the financial management market for over 17 years. The official site is open-am.ru. As of the beginning of 2018, the assets of this fund amounted to over 94 billion rubles. Over the entire period of operation, the company has consistently shown a positive trend in revenue growth and net profit. According to rating agency"Expert RA" company has a fairly high level of reliability. The Foundation is officially registered on stock market Russia. It is noteworthy that this management company never stands still, but develops together with modern technologies. As an example, today the project participants have the opportunity to make a remote purchase investment assets, as well as the ability to open investment accounts directly from your home computer. To do this, you only need to have a previously confirmed account on the State Services website.
What does MC Otkritie offer?
Now a little about the tasks solved with the help of the Otkritie management company. Newcomers to investing always think that the job of such organizations is to buy an asset at a lower price and then sell it for a higher price. But this is a very primitive understanding of the processes that are actually performed. investment organizations. the main objective, which is pursued here, not only to make a profit, but also to make the investment safe, to minimize the various risks of losses. Here it is important to take into account many factors - from the reliability of the investment source, the liquidity of the asset, as well as external inflation, which directly affects the level real income. At the same time, most clients want to have constant access to their investments and the ability to withdraw them if necessary. Together, if investment company is ready to implement all of the above, it can rightfully be considered a reliable partner. All this is available to partners of the Otkritie investment fund.
The main areas of investment of the Otkritie fund are the purchase of shares, securities of progressive developing companies, various bonds, investing in overseas markets. The company manages funds pension savings(cooperation is carried out immediately with four non-state pension funds). Therefore, all activities carried out by the investment fund are under the strict supervision of the state specialized depository, as well as the structures of the Central Bank of Russia responsible for investing. In general, on this moment the management company is represented by 14 different funds.
For active participants of the fund certain bonuses and privileges are provided. So, if you have invested in Otkritie for more than three years in a row, you get the opportunity not to pay taxes on the income calculated on shares.
The company offers its partners several types trust management their finances. Here you can choose the form of financial management that suits you best with varying degrees of profitability, as well as the level of minimal risk. Here is a professional team of successful managers with a long successful and positive experience in the management market financial assets. Over the years of work, the infrastructure and conditions necessary for successful investment have been created here.
To become a partner of the company and start earning on investments, you need only 1000 rubles for the initial investment. After that, you will have the opportunity to remotely open an investment account, register your own electronic cabinet and start making real profits.
I came across information that the Otkritie management company changed the commissions for 13 of its mutual funds from September 1, 2017.
First of all, I would like to note that the commissions of a number of funds have decreased. True, this decrease was not very large.
Many mutual funds created on the basis of foreignETFs, the commission decreased by 0.5% - from 3.9% to 3.4%. At the same time, the PIFOpening - Emerging Markets" decline was 1.5% - from 4.9% to 3.4%. However, these funds' current commission of 3.4% is by no means small.
The largest decline among all funds occurred in the mutual fund "Opening - Eurobonds" - by 2%. However, in this case, the commission decreased from very high level to just high - from 6.5% to 4%.
In addition, commissions for some mutual funds, on the contrary, increased. Sadly, this also happened to two funds that, until recently, were mutual funds with the lowest commission on the Russian market.
The commission of the Otkritie-Zoloto fund, which invests in foreignETFsPowerShares DB Gold Fund, rose quite seriously - almost 2.5% - from 0.99% to 3.40%.
The commission of the mutual fund has also increased.Opening-MICEX Index” - from 0.99% to 1.55%.
True, for the funds of Otkrytiye Management Company, it is now possible to completely avoid the premium when acquiring shares. Previously, investors small amounts investments, as a rule, had to pay a premium of 0.5% of the investment amount. Now, shares of Otkritie Management Company can be purchased remotely through the website of the management company (you can get access without leaving your home if the investor has a verified account on the Gosuslugi portal). When purchasing units remotely, you will not have to pay a premium.
Nevertheless, such rather high commissions of mutual funds once again make us recall the benefitsETFs(especially if you want to invest in foreign assets).
| mutual fund | old commission | New Commission |
| Mutual funds investing in individual stocks and bonds | ||
| Opening - MICEX Index | 0,99% | 1,55% |
| Opening - Promotions | 5,10% | 5,00% |
| Otkritie - MICEX Index-Electricity | 4,10% | 3,60% |
| Opening - Foreign shares | 5,10% | 5,00% |
| Opening - Bonds | 1,94% | 2,01% |
| Opening - Eurobonds | 6,50% | 4,00% |
| Mutual Funds Based on ETFs | ||
| Opening - USA | 3,90% | 3,40% |
| Opening - Developed Markets | 3,90% | 3,40% |
| Opening - Emerging Markets | 4,90% | 3,40% |
| Opening - China | 3,90% | 3,40% |
| Opening - Foreign property | 3,90% | 3,40% |
| Opening-Gold | 0,99% | 3,40% |
| Discovery - Raw | 3,90% | 3,40% |
"How to invest in ETFs in Russia and abroad" - webinar on how to compose investment portfolio from low-cost exchange-traded funds (ETFs), what types of ETFs exist, where and what information to look for about them, how to select ETFs for a portfolio and how exactly they can be purchased
The company started working with mutual funds on deposits of citizens since 2000. Her activities are directly related to financial management. Today, the company has in its arsenal a lot of tools to increase the capital of investors. It does not matter who exactly makes the contribution: legal or individual. have become very popular.
If we talk about the positive aspects of working with the company, we can note the guarantee of the security of operations. In addition, Otkritie Management Company is part of the holding company of the same name.
Anyone who knows what passive income is, most likely has already heard about mutual funds. Many newspapers and magazines that have authority in the world of finance believe that Otkrytie Management Company offers very reliable tools.
What are mutual funds and how can they be opened?
Today, responsible managers can take control of at least 10 funds. Each of the mutual funds has individual characteristics:
* Conditions for the acquisition of shares;
* Features of investments;
* Portfolio of shares;
* Budget and total number of contributors.
Each of the parameters is given due attention, because they directly affect the activities of the management company. Investors should also understand their importance when choosing a particular mutual fund. The choice should be based on specific expectations and requirements.
If the investor cannot choose a mutual fund, the company's consultants can help him. However, it is still recommended to visit the office after the choice has already been made.
What is the difference between UK Otkritie Mutual Funds?
Beginners who have recently learned about mutual funds and who wished their capital to “work” believe that the quality of investments is determined only by the percentage of profit on them. However, this view is rather primitive. In the world of finance, things are much more complicated.
Before you entrust your funds to Otkritie Management Company, you need to decide on priorities - to minimize risks and save funds from inflation or get the maximum profit. The strategy will give the management company an understanding of how exactly the funds should be distributed. Now you should decide whether the company should give you the opportunity to withdraw funds from the system at any time. If the answer is positive, the choice should be made in favor of open mutual funds.
What can the Bank Open Mutual Funds?
Of course, the management company is able to provide such basic services as the selection of mutual funds and the acquisition of a stake in them. However, the company's capabilities do not end there. The company is also ready to offer the following services:
1. Individual account;
2. Work based on trust management.
3. UK Opening Personal Area offers a full range of services.
True, these services have a downside. If you decide to use them, you must become the sole contributor. This means the need for significant capital, which will be needed to purchase securities, stocks, currencies, etc. However, all the profits on these instruments will also go to you, which is also very important. In this case, the company is also ready to offer different variants funds management.
In general, the services for working with mutual funds offered by Otkritie Management Company provide investors with excellent opportunities to increase their capital if they are not yet specialists in the field of finance. Mutual Fund Opening Reviews are also very positive.