Gazprombank, mutual funds (mutual investment funds): deposit features, exchange rate and quotes

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Where is the best place to invest money? Perhaps this is the key issue that worries all investors. There are many financial instruments: from high-risk PAMM accounts, in which the income is up to 100-110%, to bank deposits at 4-5%, but with a guarantee and account insurance. We will talk about such a financial investment instrument provided by Gazprombank - a mutual fund, or a mutual investment fund.

Learn more about what it is and under what conditions investors invest in it.

UIF: history and concept

A mutual fund is a joint venture of investors who trust their money to invest in various financial instruments: stocks, bonds, real estate, precious metals, energy, etc. They themselves, for various reasons, cannot do this. Some have no knowledge and experience, others have no time, others have both.

But, as they say, money has to work, and they decide to put it at the disposal of a trust management company. She is inin turn, receives commissions, and invests them in various instruments. The problem is that no one gives guarantees in obtaining income, and if investors' money "merges into the pipe", then no return is provided.

Mutual investment funds first appeared in the US, back in 1924. But during the period of economic crises and financial illiteracy of the American population, no one believed in them. The people's logic was simple: "We don't know where they will invest in these managers - we don't assume." Let's agree that many today argue in exactly the same way, although in the age of information everything can be checked and tracked.

Let's talk about Gazprombank, whose mutual funds are also widely represented. More on that.

A little about the company

Bank "Gazprombank" - today one of the most famous credit institutions in Russia. A decade of successful work allowed him to earn a lot of positive feedback about his work. But deposits in it are low, like those of other credit organizations - no more than 5-7% per annum. Considering inflation in 2015 at 12%, we can conclude that the longer the population keeps money in bank accounts, the more it loses in real terms.

Since 2004, a subsidiary has been opened - UK Gazprombank. The young company quickly began its development in the investment market. In 2015, she received an award for endowment management. To date, you can choose various products for investment: Mutual FundsGazprombank, bonds, shares, etc. Let's list a few of them.

Gazprombank: Bonds Plus PIF

UIF is designed for investors who want to minimize their risks. The goal is to provide income above bank deposits and inflation. Managers invest shareholders' funds in bonds with a high trust rating, including federal loan bonds (OFZ). Of course, the income from these operations is lower than that of other investment instruments, but capital preservation is a priority. The principle “better tit in hand” applies here.

Yield of "Bonds Plus" mutual fund

If we analyze the growth chart of "Bonds Plus" from "Gazprombank", then, starting from July 2013 (the date of formation) and until June 2015, the yield was about 35%. In annual terms, this is about 12%. The percentage, one might say, is not bad compared to bank deposits of 5-10%.

Of course, the mutual fund did not always grow – from December 2014 to March 2015 it “dipped” heavily from 10% to 5%, which greatly alarmed many investors who, against the backdrop of economic sanctions, began to hastily withdraw their money, fearing to lose all. But after March, the mutual fund actively grew without serious fluctuations.

For those who do not quite understand what mutual funds are, let's say that Gazprombank does not provide any guarantees - the cost of a mutual fund can either grow or go negative. Shareholders are not insured against bankruptcy, unlike deposits in the same bank.

Gazprombank: Zoloto Mutual Fund

Thosewho predicted the sanctions and the devaluation of the ruble and invested in the Zoloto mutual fund did not regret their choice. The price of gold, namely, this precious metal is invested from this fund, is pegged to the dollar. Recall that the devaluation and, as a result, the fall of the ruble since 2014 have collapsed almost twice. This means that all ruble investors lost exactly the same amount, except for those whose deposits were in foreign currency and precious metals.

From the very beginning of its existence, since July 2013, the mutual fund, as they say, was in a fever. Until September 2014, the rate of return fell to minus 20%, but still went to zero. Let's say that even a 1% return per year of investment is unprofitable, since in this case it is no better than keeping money at home under the pillow.

Inflation was observed at the level of 12%, which devalued investments in real terms. But Gazprombank is not to blame for this - the mutual fund, or rather the price of gold, did not depend on it. But it is worth noting that the company that manages the investment must assume all market falls. If she does not know how to do this, then, in fact, why is she needed? But we will not delve into discussions about the effectiveness of strategies, but move on to further analysis of the Zoloto mutual fund.

Since October 2014, and it was then that sanctions began to be imposed against Russia, and the national currency began to depreciate, assets began to show growth. Only from October 2014 to mid-February 2015, it reached almost 90%.

Those shareholders who “endured” received a reward for the time when they cursed Gazprombank, mutual funds, andin general, the whole of capitalism as a system. Even high-risk assets in various PAMM accounts do not give such a percentage of return, where the probability of losing all capital is very high.

After such a rapid fall, the mutual fund sank, and the total profit from July 2013 to July 2016 was just over 60%, which, in fact, is 20% per annum.

General problems for investors

It is worth noting that ruble investments have lost half due to economic sanctions and the devaluation of the national currency. Any percentage less than 100 is, in fact, unprofitable for investors.

While investments in foreign currency before 2014 have retained the real value of capital to date, despite the fact that their returns are equal to zero.

General conclusions

Investing in mutual funds or not is an individual matter. Let's say one thing: if a company invests your money, this does not mean that the person himself remains "lying on the stove" and thinking nothing, expecting big profits.

Responsibility for profit or loss lies entirely with the investor. Therefore, it is necessary to weigh everything well, to consider where exactly to invest your money. Mutual funds, of course, will give an income higher than a bank deposit, but do not forget that in case of loss, no one will compensate for hard-earned savings.

Despite the fact that Gazprombank is a stable credit institution, it does not guarantee compensation in case of loss of capital by investors,invested in his mutual funds.