Russia Stocks Are On the Upside

Investing in Russia is possible for U.S. investors through managed mutual funds and a few individual stocks listed on U.S. stock exchanges.

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. East Capital offers several funds that hold Russia stocks.

By June 30, 2007 the Market Vectors-Russia ETF (RSX) will be the first Russia exchange-traded fund (ETF) listed in the United States. RSX Will track 30 publicly-traded companies based in Russia.

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
RTS Quotes
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.

Related Articles:

buyupside.com BRIC (Brazil, Russia, India and China) Portfolio
buyupside.com Global Stock Portfolio

Posted April 20, 2007.

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