Sberbank Rossii : ‘Sberbank – High Yield Bond Fund’ tops rating of yield in 2016

January 19, 2017, Moscow - Sberbank Asset Management's (part of Sberbank Group) open-ended bond fund "Sberbank - High Yield Bond Fund" topped the rating of yield achieved among 53 open-ended bond funds with a net asset value (NAV) of more than RUB 10 bln. The rating was compiled by the Investfunds1 information resource. Over the past year, the share value of "Sberbank - High Yield Bond Fund" increased by 16.52%. The fund has outperformed the market by more than 50%2 since it was established on April 27, 2005.

Open-ended bond fund "Sberbank - High Yield Bond Fund" is designed for investors who have a medium risk appetite. The fund's portfolio consists of Rouble-denominated bonds from second and third-tier Russian companies. "Sberbank - High Yield Bond Fund" has the highest possible management quality rating3.

Open-ended bond fund "Sberbank - Ilya Muromets Bond Fund" was also in the top ten, having achieved a growth in share value of 13.33% over the past year. Both of the abovementioned funds made the top 10 in the rating of investor money attracted in 2016. - RUB 1.3 and RUB 697 mln, respectively.

"Our results demonstrate that the investment process is highly effective and our asset managers are first-rate professionals. We are pleased that once again we have demonstrated that we are a leader in the mutual investment market," commented Alexey Ikonnikov, CEO of Sberbank Asset Management.

The fall of interest rates for deposits is forcing clients to find alternative ways to invest their money. The growth of popularity of mutual investment bond funds in the country is evidence that this product is relevant investment instrument with low or medium risk. Over nine months of 2016, the number of clients who have purchased shares in the mutual funds of Sberbank Asset Management increased by more than 10%.

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