FMG FundsFirst Mercantile Capital Group
Russian Federation First Mercantile Fund
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Performance
PerformancePerformance

March 5, 2010

ClassRFFMF NAVMSCI Russia IndexMSCI World Index
Class A$48.44827.43299.31
Class A Euro €15.24
Class B$29.48
Class C$93.3


 RFFMFMSCI Russia IndexMSCI World Index
Last Week6.58%7.32%3.39%
Last Month3.90%6.49%7.07%
Last 3 Months6.11%4.33%0.01%
Last 6 Months38.68%33.56%9.49%
Last 12 Months151.11%134.61%71.23%
Last 18 Months-3.16%-12.73%-5.73%
Last 24 Months-34.22%-38.49%-16.53%
Last 36 Months-27.20%-26.43%-17.67%
Last 60 Months67.03%53.68%2.85%


 RFFMFMSCI Russia IndexMSCI World Index
2010 (YTD)1.66%4.04%-0.04%
2009114.45%96.47%35.44%
2008-72.94%-73.68%-45.36%
200719.43%23.01%10.03%
200651.12%53.71%18.78%
200577.32%69.50%8.83%
200419.91%4.07%13.30%
200342.86%70.31%31.62%
200223.39%13.87%-20.51%
2001143.69%53.17%-17.26%
20007.48%-30.38%-15.08%
1999124.78%246.19%25.00%
Since Inception2554.51%886.09%75.44%


 RFFMFMSCI Russia IndexMSCI World Index
Compounded Annual Return25.33%17.07%3.95%
Average Monthly Return3.14%2.71%0.44%
Cumulative Return2554.43%886.06%75.49%
Largest Montly Gain52.40%61.14%10.99%
Largest Monthly Loss-61.54%-60.57%-24.18%
% of Positive Months64.00%57.14%60.57%


 RFFMFMSCI Russia IndexMSCI World Index
Annualized Standard Deviation53.32%56.85%16.33%
Annualized Sharpe Ratio (1.3%)0.680.550.24
Downside Deviation (0%)38.78%37.37%13.62%
Max Drawdown-94.18%-91.78%-55.59%
Months In Maximum Drawdown161216
Months To Recover62640


 MSCI Russia IndexMSCI World Index
Alpha1.162.47
Beta0.731.53
Correlation0.780.47
R-Squared0.600.22


Performance Graph

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Sector Allocation 
Oil & Gas55.54%
Banking18.88%
Cash6.27%
Metals7.76%
TMT7.24%
Real Estate Dev.3.27%
Chemicals1.02%
Food Processing0.02%


Asset Allocation 
ADR42.73%
Equity Local38.53%
GDR12.47%
Cash6.27%


 

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