"Magister" Asset Management Company presents a free seminar for both residents and visitors of Ivano-Frankivs`k city.
"Magister" Asset Management Company presents a seminar for prospective investors, "Investment funds of "Magister" AMC: efficient methods of increasing your capital based on the competent management", which will be held on April 8th, 2008, from 5pm to 7pm, at the following address: 18, ground floor, Small Hall, Public House "Prosvescheniye", Grushevskogo Str., Ivano-Frankivs`k.
The main purpose of the seminar to be held is the popularization of collective investment funds services, bringing the familiarity with collective investment institutions market to nationals' knowledge, along with the history of CII market and its development prospects in vein of world investment funds. During the preparation of the seminar agenda, "Magister" AMC professionals took into consideration such aspects like nationals' interest in profitable investment vehicles, of which the most gainful ones are investment funds.
"Magister" AMC has established its new industry-focused fund "Magister-Fund of Energy" Closed-end Non-Diversified Corporate Investment Fund" Joint Stock Company (hereinafter referred to as "Magister-Fund of Energy" CNCIF" JSC) since March 17, 2008: its shares are currently openly offered at par value. "Magister" AMC investment professionals believe that fund's stock will be offered at fair NAV after May 1, 2008. Evidence of such prognosis is based upon current activity of fund subscribers and interest expressed by prospective investors. Many of the fund subscribers explain their actions with the possibility to enter a prospective investment fund at par value without any initial entrance charges. Moreover, despite the current volatility of Ukrainian stock market, energy industry shares have positive capitalization growth prospects, given the favorable estimation of the medium- and long-term growth prospects of power engineering sub-sector of energy industry in 2008.
The discussion of power generation sub-sector is going to be the biggest item of the seminar agenda, thus, the audience should not only acquire the deepest insight into energy industry prospects but also define investment advantage in energy industry for itself.
In addition, one of the agenda items to be discussed is the issue of present inflation growth and advice giving on income protection for private investor. It should be noted that inflation during the period from January, 2008 to February, 2008 made up rate of 5.7%, GDP growth rate averaged at 5.8% and money supply was up by 0.5% whereas similar period in 2007 put aforementioned macroeconomic rates at level of 1.1%, 8.6% and 0.5% respectively. Official state inflation forecast for the current year is 9.6%, whereas independent analysts are less optimistic, predicting the inflation to reach 15.0% or more.
Our target group consists of well-off people from twenties to mid-sixties who has both constant stable income and spare capital to invest. In the first place, we expect visit of prospective investors, eager to build up their capital with participation in investment fund. However, any interested person is invited to come; it's clear that investors' growing appetite for new liquid financial instruments, given the background of deposits generating relatively low return, urges the market to offer a wider variety of alternative investments - more risky, but more rewarding.
Items of the seminar agenda:
Investment funds - look from the inside: framework, variety of types, similarities and differences. "Magister" AMC funds - performance reports, growth forecasts and investor appeal.
Year 2008: outlook, forecasts, perspectives. Comments on stock market performance and prospects by "Magister" AMC analytics department. Ukrainian collective investment funds institution review.
New fund managed by "Magister" AMC: Setting course with "Magister-Fund of Energy" Closed-end Non-Diversified Corporate Investment Fund" Joint-Stock Company - medium- and long-term power engineering sub-sector outlook and overview. Look at the profile of average energy company.
Participation in the seminar is free of charge. Participants' questions discussion and provision of subject information booklets are included into seminar.
All requests for obtaining accreditation should be addressed to:
Stock floatation of the "Magister-Fund of Energy" Closed-end Non-Diversified Corporate Investment Fund" Joint-Stock Company (hereinafter referred to as "Magister-Fund of Energy" CNCIF" JSC) has been launched since March 17th, 2008.
"Magister-Fund of Energy" CNCIF" JSC is the first industry-focused fund under management of "Magister" AMC. The fund seeks to provide capital appreciation through investments mainly in equity securities of Ukrainian companies in power engineering sector.
Stocks of the "Magister-Fund of Energy" CNCIF" JSC are currently sold at par value of UAH 1,000. They may be purchased either at "Magister - Invest" Financial Company, Kiev-registered brokerage company, affiliated with "Magister" AMC, or at authorized resellers in the outlying regions. Addresses of those trade agents, along with basic information about them, may be found on the map available at the website of "Magister" Asset Management Company, www.am-magister.com.
As the top manager of "Magister" AMC Sergiy Sichkar has mentioned that such a particular interest in energetic sector is based upon the favorable estimation of the medium- and long-term prospects of sector development. Investor appeal of power engineering sector increases, as well as its capitalization, which presently makes about 16% of PFTS market total capitalization. Stocks of power engineering sector are actively traded at PFTS exchange. Moreover, Sergiy Sichkar stresses that stake in the "Magister-Fund of Energy" CNCIF" JSC should interest an investor who was planning and preparing to enter a prospective investment fund at par value, given the absence of initial entrance charges. The fund invests its assets in thoroughly picked out energy sector securities which meet the investment criteria, based on evaluation of company growth prospects. Policy asset allocation in the underlying portfolio implies that from 15 to 20 % of the fund's total net assets are to be invested in power generation companies, 40-55 % of fund's assets are planned to be allocated to power distribution companies and the rest of total net assets, from 15 to 35%, are left for investing in equities of other energy sector companies. Not more than 5% of fund's total net assets may be allocated to one issuer.
By summarizing opinion of "Magister" AMC top manager Sergiy Sichkar, Ukrainian stock market has evolved to the stage when environment, favorable for launch and successful performance of industry-focused funds, can exist. Despite the fact that the range of Ukraine-domiciled industry-focused funds hasn't yet sufficiently broadened, their sizes and portfolio structures are adequate for the current stage of Ukrainian stock market development, thus, the funds range is capable of satisfying the needs of a certain group of investors, who are ready to expose their capital to such investment strategy. Currently, 90 percents of assets of the portfolio of the "Magister-Fund of Energy" CNCIF" JSC comprise of equity securities in energy sector.
"Magister" Asset Management Company presents a free seminar devoted to the new fund.
"Magister" Asset Management Company presents a seminar for prospective investors, "Investment funds of "Magister" AMC: efficient methods of increasing your capital based on the competent management", which will be held on March 21st, 2008, from 5pm to 7pm, at the following address: 76, office 7, 2nd floor, Chervonoarmiyska Str. (m. Respublikansky Stadion), Kiev.
The main issue of the seminar is an inception of a new industry-focused fund "Magister-Fund of Energy" Closed-end Non-Diversified Corporate Investment Fund" Open Joint-Stock Company (hereinafter referred to as "Magister-Fund of Energy" CNCIF" JSC). The stocks of the fund have been openly offered since March 17th, 2008, at par value of UAH 1 000 and, probably to prospective investors' merit, without any initial entrance charges. "Magister-Fund of Energy" CNCIF" JSC stocks may be purchased either at Financial Company "Magister - Invest", Kiev-registered brokerage company, affiliated with "Magister AMC", or at authorized resellers in the outlying regions. Addresses of those trade agents, with basic information about them, may be found on the map available at the website of "Magister Asset Management Company", www.am-magister.com.
As the top manager of "Magister" AMC Sergiy Sichkar has mentioned that such a particular interest in energy sector is based upon the favorable estimation of the medium- and long-term prospects of power engineering sub-sector growth. Investor appeal of energy sector increases, as well as its capitalization, which currently makes about 16% of PFTS market total capitalization. Stocks of power engineering sub-sector are actively traded at PFTS exchange. Moreover, Sergiy Sichkar stresses that participation in the "Magister-Fund of Energy" CNCIF" JSC should interest an investor who was planning and preparing to enter a prospective investment fund at par value.
Other issues to be discussed apart from the presentation of the "Magister-Fund of Energy" CNCIF" JSC concern some sensitive aspects of mutual investments market and prospects of economical development, specifically, in terms of power engineering sub-sector.
Collateral issues that are on the agenda of the seminar:
Investment funds - look from the inside: framework, variety of types, similarities and differences. "Magister" AMC funds - performance reports, growth forecasts and investor appeal.
Year 2008: outlook, forecasts, perspectives. Comments on stock market performance and prospects by "Magister" AMC analytics department. Ukrainian mutual funds industry review.
New fund managed by "Magister" AMC: Setting course with "Magister-Fund of Energy" CNCIF" JSC - medium- and long-term power engineering sub-sector outlook and overview.
Participation in the seminar is free of charge. Participants' questions discussion and provision of subject information booklets are included into seminar.
Our target group consists of well-off people from twenties to mid-sixties who has both constant stable income and spare capital to invest. In the first place, we expect visit of prospective investors, eager to build up their capital with participation in investment fund. However, any interested person is invited to come; it's clear that investors' growing appetite for new liquid financial instruments, given the background of deposits generating relatively low return, urges the market to offer a wider variety of alternative investments - more risky, but more rewarding.
