RU000A0JPR84 - Financial cushion (RU000A0JPR84)

The Management implements the funds strategy by investing in bonds, repurchase agreements and/or by placing deposits in rubles in Russian credit organizations and in the Central Bank. The duration of bonds is selected basing on the macro situation. If the economic situation worsens and/or interest rates rise, the bonds with a short duration (3 years or less) will be a priority for investment. If interest rates fall and the economic situation improves, the bonds with a long duration (3 years or more) will be a priority for investment. The selection of bonds is carried out according to the following criteria: 1) Currency - bonds traded in foreign currencies are not included in the fund's assets; 2) Listing - bonds not traded at organized auctions are not included in the fund's assets; 3) Capitalization bonds with an issue volume of at least 250,000,000 rubles are purchased for the fund. The share of repurchase agreements in the fund's portfolio structure may vary from 0 to 97 percent of the fund's asset value, depending on the dynamics of the securities market; also, however the share of cash in the fund's portfolio structure may vary to from 0 to 100 percent of the fund's asset value. Index, in relation to which the Management evaluates the effectiveness of the investment strategy: Government Bond Index (less 1 year) - total income (RUGBITR1Y).

The Financial cushion is a(n) Multi Asset Open-End Investment Funds (OIF) seeks to invest in Undefined sector located in Russia. The Promsvyaz, Ltd. fund’s base currency is RUB and the share class was registered 29.09.2004 with unique ISIN - RU000A0JPR84. Main exchange is Moscow Exchange and ticker symbol is RU000A0JPR84. The total expense ratio is 1.89%. The Financial cushion pays dividends 0 time(s) per year.