OREANDA-NEWS. February 24, 2011. CJSC Troika Dialog AM reports the completion of asset formation for open-ended equity fund "Troika Dialog – Infrastructure"1. Formation of the fund commenced on January 24, 2011. The fund’s assets will be invested in equities of companies whose growth depends upon infrastructure development in Russia and other emerging markets.

Commenting upon the new fund, Anton Rakhmanov, Managing Director at Troika Dialog AM, said, "The launch of the fund went according to schedule, with investors receiving the new product positively. As of today, the fund has NAV totaling R10.51 mln2. The fund is designed for mid-term and long-term investors positively assessing the prospects for Russian infrastructure and ready to invest (through the fund) in infrastructure companies. The infrastructure sector currently stands out as one of the most interesting from an investment standpoint. High investment volumes from state and private investors in a number of major projects in the next 5-10 years will inevitably create higher profits for infrastructure-sector companies and, as a result, increased capitalization for the sector overall."

"Open-ended equity fund 'Troika Dialog – Infrastructure" provides a broadly-diversified investment portfolio that will include approximately 30 issuers from various economic sectors. To ensure optimal liquidity within the fund, the portfolio includes highly-liquid, first-tier securities accounting for at least 30% of NAV. We hope that our new fund will earn investors’ plaudits as a worthy investment opportunity on the Russian equity market," Anton Rakhmanov added.