OREANDA-NEWS. On April 15, 2008 according to ratings published on www.investfunds.ru (open-end unit investment funds and OFBU ratings by their profitability), Perpetual Values Fund became a leader by profitability in Rubles in the first quarter of 2008 (+9,94%), reported the press-centre of Bank ZENIT.

Perpetual Values General Banking Management Fund (OFBU) assists in making investments on precious metals market. Assets of the Fund are composed of gold- and silver-based derivatives, precious metals in bullions.

Idle cash not being used as a collateral for futures contracts, is invested in securities issued by the Russian Federation, as well as in fixed income securities issued by foreign countries, the rating of which is equal to or higher than the investment-grade one (at least ВВВ- according to Standard & Poor's classification).

Perpetual Values OFBU launched its operations on February 9, 2007, and its annual profitability (from March 31, 2007 to March 31, 2008) was +26,1%.

Detailed information on Perpetual Values OFBU of OAO Bank ZENIT is available at invest.zenit.ru.