
Russian Stocks
Investing in Russia is possible for U.S. investors through one exchange
traded fund (ETF), several managed mutual funds and a few individual stocks
listed on U.S. stock exchanges.
Market Vectors Russia ETF (RSX),
an ETF, tracks 30 publicly-traded companies based in Russia.
Managed mutual funds for Russian stocks include: ING Russia Fund (LETRX),
Third Millennium Russia Fund (TMRFX)
and Templeton Russia and East Europe Fund (FTRFX).
Be advised that these funds carry sales charges as well as high annual
fees.
For high-worth investors $100,000 will get you started buying shares
of the Hermitage
Fund, the largest Russia-dedicated stock fund. And East
Capital offers several funds that hold Russia stocks.
Russian stocks on the RTS
Stock Exchange have been on the upside since 1999.
You may find more information about Russian stocks from the following
Internet sites:
FINAM Investment Company
RosBusinessConsuling
Rye, Man &
Gor Securities
Here are six Russian stocks listed on the New York Stock Exchange (NYSE).
For a complete list of Russian American Depository Receipts (ADRs) see
Bank
of New York.
| Russian
Stocks Traded on the NYSE |
| Company |
Symbol |
Industry |
| Golden Telecom |
|
Telecommunications and Internet Services |
| Mobile Telesystems OJSC |
|
Mobile Communications |
| Mechel Steel Group OAO |
|
Steel Producer and Mining |
| Rostelecom OAO |
|
Long Distance Telecommunication Services |
| Vimpel-Communications |
|
Wireless Communication Services |
| Wimm-Bill-Dann Foods OJSC |
|
Food Products |
Related Articles:
buyupside.com
BRIC (Brazil, Russia, India and China) Portfolio
buyupside.com
Global Stock Portfolio
Exchange-Traded
Funds
Updated October 7, 2007.
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