Neptune Russia fund

guymo

Ryan_Futuristics wrote: »

Russia should get back to business as usual eventually ...

Thinking about the history of the 20th and 21st centuries, I have absolutely no idea what "business as usual" would mean for Russia.

Kendall80

HardCoreProgrammer wrote: »

The exchange market movements in the last week seem really unusual. How can a currency fall by 20% one day and then recover in the next 2 days? Do I really want to put my hard-earnt money into this? This looks more like gambling than investment!

I note with interest that more than 1 person on this forum wrote that they wish to have invested (but did not) at the very bottom. I suppose not many people called the bottom and invested on that day.

A few of us did. I doubled my holding but I missed out on the 14% rebound despite investing the day before - because the fund gets valued at the end of the next days trading (midday our time according to CSD).

Live and learn though.

Ryan_Futuristics

guymo wrote: »

Thinking about the history of the 20th and 21st centuries, I have absolutely no idea what "business as usual" would mean for Russia.

Well in today's global society, I don't think the Russian people will stand for a return to a hostile, globally annexed Russia ... Good trade links and a lifting of sanctions seem to be the only solution

And even if it goes the other way, and they're at war with NATO, people got rich investing in Europe just before WW2 ... Just have to ride out some shocking volatility

Surreyboy

http://www.telegraph.co.uk/finance/personalfinance/investing/funds/11297291/Time-to-buy-a-double-discounted-Russia-fund.html

Kendall80

I'm very tempted to break allocations and divert some more into this. Vlad says 70% of Russias economic problems are down to the declining oil price (30% sanctions). The Saudis are saying the oil price drop is only temporary. They need it to be at least 80 in the long term but can handle it where it is for upto 2 years.

It was cheap before and is looking incredibly cheap now. Worth a small risk I think especially with a 30 year time horizon.