Sberbank Asset Management is one of the largest trust management companies in Russian market. The company has developed many investment strategies, differing in the ratio of profitability and risk.

Sberbank mutual funds - an opportunity to start investment activity even with a small amount. A mutual fund participant receives passive income, without performing any actions and without having special knowledge in investing and risk management.

Minimum amount to participate in mutual funds Sberbank is 15,000 rubles. At the same time, you can buy, sell or exchange your share at any time without any restrictions. Operations with mutual fund assets are carried out by Sberbank Asset Management JSC.

Today, Sberbank Asset Management occupies a leading position in the market for trust management services, owning the largest market share of open-ended and interval mutual funds.

Sberbank UA works with private and institutional investors. Private investors include individuals who have made an investment in one of the mutual funds. Institutional investors are brokerage companies and fiduciaries who operate in the market valuable papers.

A mutual fund is a form of collective investment of funds that are subsequently allocated to trust management companies. Depositors' funds are used to carry out transactions on the securities market (stocks, bonds) and other assets.

The purpose of investing is to generate income by increasing the market value of these assets.

Which mutual fund to choose?

Today, Sberbank UA manages 19 open-end mutual investment funds and 3 closed-end real estate mutual funds, including the Ilya Muromets Bond Fund, Risky Bond Fund, Global Internet and others.

All mutual funds offered by Sberbank Management are divided into groups according to the ratio of profitability and risk:

• conservative segment;
• balanced segment;
• aggressive segment.

Mutual funds of the conservative and balanced segments offer moderate profits with a high degree of protection of the deposit from losses. Mutual funds of the aggressive segment can bring the unit owner a rapid increase in profitability with a high risk of profitability drawdown.

On the official website of Sberbank UA you can use a special form to select an investment fund based on knowledge of management financial instruments, investment period and investment goals of the investor.

Profitability of funds managed by Sberbank UA JSC

The returns of the funds are reflected on the official website of Sberbank Asset Management and depend on the management strategy of a particular mutual fund. It is worth noting that past performance does not determine future returns. Profitability may vary depending on the state of the market and the economy as a whole. Sberbank UA JSC does not guarantee the return on investments, since such a guarantee is prohibited by law.

Advice: Don't invest all your money in one mutual fund. Distribute them in order to diversify risks across several areas of investment.

An investment share represents a valuable personalized paper, confirming the owner’s right to a share of the mutual fund’s property. The share exists in a non-documentary form, that is, ownership of the share is based on an electronic entry in the register of share owners. Confirmation of share ownership is an extract from the register indicating the number of shares purchased and their value. The value of a mutual fund's assets may decline, thus the returns of the funds in certain periods may be negative.

It is important to understand that investing in mutual funds is a long-term investment of available funds. Therefore, if the profitability of a mutual fund decreases during a certain period, this is not a reason to sell the unit. Returns on mutual funds are calculated for the future.

The average return on mutual funds is 8-10% per annum with minimal risks. The cost of one share is calculated daily, based on the value of the mutual fund’s property.

By purchasing a share, an investor becomes the owner of investment shares. An upward change in the value of shares will mean the owner's potential opportunity to make a profit.

The owner of a share in an investment unit cannot receive interest or dividends from his investment. You can make a profit (loss) only when you sell your share. Profit is calculated based on the difference in the value of the share at the time of its purchase and sale.

Is it worth investing in Sberbank Asset Management mutual funds?

Most people believe that investing is only possible if you have large sum money, special knowledge and constant monitoring of the economic situation. Many Russians, taught by the bitter experience of the 90s, are in no hurry to part with their money and invest it in mutual funds investment funds. Only a few open in Moscow, St. Petersburg and other cities, and other banks participate in

The creation took place in 1996. It was called Troika Dialog Management Company. And in the same year, the first mutual fund in Russia, Troika Dialog - Ilya Muromets, was opened, which invested shareholders’ money in bonds. And in 2001, the Federal Law “On Investment Funds” was issued, thanks to which financial products it got even bigger.

In 2003 there was a pension reform. And Troika Dialog was chosen to manage the funds Pension Fund RF.

And in 2012, Sberbank bought Troika Dialog Management Company. And changes its name to "Sberbank Asset Management". Mutual funds continue to generate income.

"Sberbank Asset Management" - mutual funds. At the end of March 2014, the company managed assets of $3.9 million. The number of mutual funds exceeds 20. Moreover, open mutual funds of Sberbank occupy a share of 22.6% in the open mutual fund market.

The company selects only the best portfolio managers. They go through several stages of verification before being allowed to operate. For example, first investment analysis, then securities are selected for inclusion in the portfolio. Next, after compiling the portfolio, comes monitoring.

General Director - Anton Rakhmanov.

The company has a license to manage securities and a license to manage investment funds, mutual funds and non-state pension funds.

In 2013 "Trust management "Sberbank" received the title “Best Management Company in Russia”, taking 2nd place. Analysts entered the top 30 in Russia.

Mutual Funds of Sberbank of Russia

	Equity funds
	Open mutual fund with a high level of risk. Suitable for those who can and want to take risks to obtain maximum profit. Investments in foreign mutual funds and American companies.
	Open mutual fund with a high level of risk. Suitable for those who can and want to take risks to obtain maximum profit. Investments in shares of Russian companies.
	Open mutual fund with a high level of risk. Suitable for those who can and want to take risks to obtain maximum profit. Investments in shares of second-tier companies.
	Open mutual fund with a high level of risk. Suitable for those who can and want to take risks to obtain maximum profit. Investments in shares of companies with high volatility. Medium and short term investments.
	Open mutual fund with a high level of risk. Suitable for those who can and want to take risks to obtain maximum profit. Investments in first-tier companies - in blue chips.
	Bond funds
	Open mutual fund with a low level of risk. Suitable for those who do not want to take much risk.
	Open mutual fund with an average level of risk. Suitable for those who stick to the “golden mean”.
	Open mutual fund with a low level of risk. Suitable for those who do not want to take much risk. Investments in Russian bonds.
	Open mutual fund with an average level of risk. Suitable for those who stick to the “golden mean”. This is an investment of capital in dollars.
	Money market fund
	Open mutual fund with a low level of risk. Suitable for those who do not want to take much risk. Investments in Russian bonds and ruble deposits.
	Mixed investment funds
	Open mutual fund with an average level of risk. Suitable for those who stick to the “golden mean” and are ready to invest in a portfolio with mixed investments.
	Commodity Market Fund
	Global Investments
	Open mutual fund with a high level of risk. Investments in Vanguard FTSE EM ETF.
	Real estate funds
	This is one of closed mutual funds. The shares are traded on the Moscow Exchange. Investments in the purchase, sale and rental of commercial real estate.
	Closed mutual fund for the purchase and sale of new buildings in apartment buildings.
	Industry funds
	Open mutual fund with a high level of risk. Suitable for those who can and want to take risks to obtain maximum profit.

Open mutual fund with a low level of risk. Suitable for those who do not want to take much risk.

Sberbank mutual funds are an excellent investment option that allows you to get maximum profit in the long term. Before making a choice, it is recommended to carefully study the profitability of mutual funds in Sberbank. This will help you understand which funds will be the most profitable in 3, 5 or 10 years.

Mutual Fund Ilya Muromets and its advantages

At Sberbank, the analysis of the profitability of mutual funds is carried out by Asset Management, whose specialists evaluate stocks and bonds in the medium and long term, form portfolios, assess risks, etc. All funds are regularly analyzed according to the profitability criterion. As a rule, the most profitable stocks are those with the highest high risks, and therefore capable of causing significant losses. That is why specialists try to balance the portfolio in such a way as to ensure growth through reliable assets and the possibility of obtaining greater profits through risky assets.

The Ilya Muromets mutual fund portfolio was compiled according to this principle back in 1996. Today this fund is one of the most reliable due to minimizing possible risks. You can study information about profitability on the official website of Sberbank.
By analyzing the chart, you can see an upward trend and highlight short-term downturns. In accordance with the statistics presented by Sberbank, the value of the share is characterized by stable growth:

• from January 1, 2019 - 2.36%;
• for a period of 12 months - 9.17%;
• for a period of 3 years - 39.33%.

If we take shorter periods, for example a week, a month, a quarter, then we can observe negative values.

Available investment options

In addition to Ilya Muromets, Sberbank offers many more options for investing funds:

• Mutual Fund Biotechnology;
• Eurobond mutual fund;
• Mutual Fund Telecommunications and Technologies, etc.

Formation of a portfolio based on profitability

The basic rule for forming a portfolio is the profitability of mutual funds. You can include securities of one fund in your portfolio, or you can supplement your portfolio with different areas, for example, biotechnology + Eurobonds, etc.
Consultation on profitability and portfolio formation can be obtained at a Sberbank branch, or by calling. You can study the information yourself at, where there is a mutual fund profitability calculator (located next to the description and graph).

Calculation of profitability of mutual funds and other savings systems

In order to calculate the profitability of mutual funds in Sberbank, you need to go to the page and specify the following parameters:

• category (individual or legal entity);
• name of the fund (select from the list provided);
• amount of investment in rubles;
• amount added to the share monthly (if desired);
• investment period;
• if necessary, display the calculation in currency.

Thus, you can see data on the amount of balance when investing in a specific fund for a certain period. The calculation is made on the basis of available statistical data for past periods (from 2 to 20 years).

When choosing a share, experts advise paying attention not only to profitability, but also to prospects, i.e. choose mutual funds of companies that are rapidly developing.

Such developing areas include manufacturing, telecommunications, retailing, mobile systems etc. Sberbank mutual funds showed a return of more than 100% in the consumer sector. It is worth noting that in 2016, an ambiguous situation arose; there were both periods of recession and growth, which, however, once again confirms the advisability of investing in mutual funds for a long period.

The procedure for purchasing shares in Sberbank

Before investing, experts advise seeking advice from an independent expert or a Sberbank employee. In this case, you must inform about your intention to invest in a mutual fund and provide the following information:

• planned investment amount;
• investment period;
• acceptable level of risk;
• expectations regarding the profit received and other wishes.

The specialist will suggest the optimal mutual fund or select several possible options. From these options, you can choose one or spread your investments across multiple funds to improve your overall performance.

What is necessary to conclude a contract

To conclude an agreement, a passport of a citizen of the Russian Federation is required. The procedure is completely similar to opening a deposit. When paying for shares, a commission is charged: up to 3 million rubles - 1 % , more than 3 million rubles - 0,5 % .
After signing the agreement, the profitability and rating of the mutual fund will be the main criteria for evaluating the account. Cost information is available to all account holders on the Sberbank website. When closing an account, the information must be carefully analyzed to extract maximum profit. At this point, it is important to minimize risks on short-term downturns. When closing an account, you must pay a commission, which depends on the investment period:

• up to 6 months - 2%;
• from 6 months to 2 years - 1%;
• more than 2 years - 0%.

Advantages and benefits of Sberbank shares

Sberbank mutual funds are today one of the most reliable ways save and increase cash. The returns of the funds have no analogues on financial market. Mutual Fund has the following advantages:

• Experience. The fund was first organized in 1996. This was the famous mutual fund Ilya Muromets.
• High management efficiency. Fund management is carried out by professionals who have awards and titles in the field of economics and investment.
• Analytics. Sberbank has its own statistical database for the most accurate analysis, allowing you to develop the most effective strategies. Our own team of analysts consists of the best experts in Russia.
• Diversification. The ability to form an optimal portfolio with minimal claims and maximum profitability.
• Individual approach. Each client has the right to form his own portfolio taking into account his expectations.
• Full transparency. The investor has the opportunity to control and manage the account and monitor changes in its value.
• Availability. You can manage your account remotely.

Investments in mutual funds in video review

We bring to your attention a video review about investing in mutual funds:

Manages the assets of the largest non-state pension funds. The company is one of the leaders among private management companies managing funds pension savings, mutual funds, assets of insurance companies, banks and private investors, as well as government funds.

Sberbank Asset Management offers its services to institutional investors:

Our advantages:

• one of the strongest teams of portfolio managers on the market with unique experience and knowledge stock market Russia and CIS countries;
• cooperation with more than 15 Russian and foreign brokerage companies makes it possible to receive the best price offers for execution of transactions;
• having our own team of analysts;
• many years of experience in managing funds of organizations and foundations with state participation: Pension Fund of Russia (since 2003), Federal Public-State Fund for the Protection of the Rights of Depositors and Shareholders (since 1998), Federal State Institution " Federal Administration savings-mortgage system housing provision military personnel" (since December 2005).

Asset management through mutual funds

Sberbank Asset Management is the largest company on the market collective investment, occupying 24.8% 1 of the market of open mutual funds.

Today, there are about 22.2 billion rubles in 20 open mutual funds managed by Sberbank Asset Management 2.

1 Investfunds. Rating of management companies by net asset value (only open funds). Data as of June 30, 2015.
2 According to Investfunds data as of May 29, 2015.
3 Founded in 1996, Troika Dialog Management Company CJSC was renamed Sberbank Asset Management JSC in November 2012.

I invested my first funds in the stock market in 2004. Unfortunately, I stepped on every rake I could. Including starting to choose funds after they showed the highest returns. Naturally, the following year, crazy growth was usually followed by major disappointment.

Fortunately, I did not resort to the services of companies that lost all their funds. But the management result was extremely disappointing. This once again shows that it is better to start understanding the market yourself than to invest through mutual funds or trust management. As an alternative, most people should only consider low-cost index funds. Unfortunately, in Russia you can of course buy ETFs from Finex on the stock exchange. For the rest you have to go to the western sites.

I first encountered the management company Sberbank Asset Management back when it was Troika Dialog Management Company. Their presentations were beautiful. They always said that in the West everyone invests, so in old age they have the opportunity to travel and afford a lot. A return of 15% per annum, taking into account the magic percentage, easily doubled the amount of investment in just 5 years.

Unfortunately, the reality turned out to be quite sad. Money on deposit would bring greater income than stock funds. The Electric Power Fund generally brought me about a 40% loss. And this despite the fact that the profitability for the year was not 67%. And this is after the recent fall. Without it, we could have counted on 90%. Fortunately, I was lucky to sell my shares before the fall.

If I had listened to Elvis Marlamov last year, I would have easily increased the value of energy shares over the year by 2-3 times, simply by purchasing InterRAO, FSK and Lenenergo Pref. And this despite the fact that even after such growth, these securities remain attractive in terms of dividends.

If you look at the structure of the Electric Power Fund from Sberbank Asset Management, it becomes clear why the results are not impressive. The portfolio is, of course, diversified, but it is completely unclear why one should hold RusHydro, especially on such a scale.

Even more surprising is the presence in the portfolio of Globaltrans and Novorossiysk Morskoy Trade Port. Even though these securities may be very promising, there is simply no reason to hold them in the Electric Power Fund.

And this is the worst thing that a management company can sell.

If we look at the small-cap fund, we'll be just as surprised. The shares in it suit me quite well.

But not the Ishare Russel 2000 ETF. There is nothing wrong with the ETF itself. But any Russian management company charges stock funds 3.5-4.5% per year for management, regardless of the results. Such a seemingly small percentage eats up your capital year after year very decently. Moreover, the market can experience not only growth, but also decline, and you have to pay for management. And it would be nice if the investment results were very decent.

Unfortunately, most potential clients will fall for the bait management company with a beautiful presentation. Some will even invest money in trust management, where they will have to pay not only for management, but also 20% of the profit. All these expenses are completely unnecessary. Better read people like Oleg Klochenok, Larisa Morozova, Elvis Marlamov and Sergei Spirin.

As for the choice of the Electric Power Fund, it was justified by the fact that analysts at Troika Dialog (now Sberbank CIB) considered this industry to be the most undervalued. Later, I learned that analysts make forecasts, but most of them do not invest based on these forecasts. I also did not know that analysts adjust their forecasts after a stock rise or fall (fortunately, in the same discounting method cash flows You can shamanize the coefficients as you like). And of course, I didn’t realize that large investment companies make purchases and then release analytical reviews to cover retail investors.

In addition to problems with profitability, Sberbank structures, unfortunately, differ in service for the worse.

Some of the shares were purchased by me on the exchange, because... in the mid-2000s it was not yet possible to buy shares remotely via the Internet. I could only dream about it. The shares of the Troika Dialog Management Fund were purchased through the Troika Dialog broker. There were no problems selling them, although liquidity on the exchange was low. Troika Dialog was sold to Sberbank and the broker became Sberbank CIB, and the management company became Sberbank Asset Management. And even the registrar was changed to “Sberbank Special Depository”.

They couldn’t tell me what to do with the shares. Moreover, for the first time, Sberbank did not even find shares purchased through an agent. Unfortunately, I did not have any notifications from the depository about the transactions with me, so the Sberbank employee refused to do anything.

When I came to the broker, they sent me with the shares purchased on the stock exchange to Sberbank Premier. The latter told me that they don’t see such shares, I need to contact a broker. I had to go to the Sberbank CIB broker 4 times. It turned out that the day was ending, and it was impossible to order the preparation of papers for the next day. Then it turned out that the required employee asked for time off. Then the employee was found, but did not know what to do with the shares purchased on the stock exchange. And something had to be done with them, because... Sberbank CIB was closed, and the papers had to be transferred either to Sberbank or to another broker. It was easy to transfer to another broker. But Sberbank Asset Management withdrew the shares from trading several years ago, so paying a transfer fee was pointless.

When I came again, it turned out that the broker had prepared documents for writing off the shares to the register. Although there was a whole song about the fact that in 16 years of work, no one has done this in Rostov-on-Don and it is not clear how to do it. Then it turned out that they also misunderstood me, so the documents for enrollment in the register were not prepared. The management company stated that the shares need to be transferred to the register; this is done by the broker in agreement with the registrar “Sberbank Special Depository”. The latter company stated that they need the papers to be released by NSD (National Settlement Depository) for enrollment. I called the last one, but he doesn't work with individuals. The calls had to be made independently, because the broker supposedly does not even have access to the Internet to look up the telephone numbers of the Sberbank Special Depository and NSD. In the end, after much searching, it turned out that there were no problems with output to the registry. You just need to make a regular order to withdraw shares to the register. Unlike shares, no counter instruction is needed for crediting.

By the way, the broker also distinguished himself brilliantly. On December 30, in the middle of the day, a message was received that the account was closed, although trading that day continued on the exchange until the evening. At the same time, no one thought to send any notices about the closure in advance. This is the kind of service a “reliable” company can provide.

An online service for accessing shares from Sberbank Asset Management is also a “wonderful” thing. After visiting Sberbank Premier, I was given online access. At the same time, they told me that it doesn’t matter what phone number is indicated, because... messages will not be sent to it. Fortunately, I first familiarized myself with the service a little, and it turned out that SMS will be sent, and this is important. They didn’t change the client’s profile for me either, because... Supposedly, when withdrawing, the form must be filled out again. Online access was for viewing only. I had to visit Sberbank Premier again. To buy, sell and exchange shares, a so-called active operations service is required, which is connected separately. To operate it, you need a computer with Windows, and the browser needs ActiveX support. Obtaining passwords and certificates is quite an adventure. To be honest, I don’t even know how an ordinary computer user should handle it. Even I, although a programmer and an advanced user, was somewhat surprised by the complexity. And I can’t say that this leads to great security, because... In principle, I do not consider the Windows operating system to be safe (unlike GNU / Linux and Mac OS).

I set up online access and everything worked. But it turned out that the personal data was outdated, and new ones could not be entered online. And you won’t even be able to choose a new account in Sberbank. I had to go to Sberbank Premier again to make changes to my personal data. By the way, Sberbank Premier is designed to work with wealthy clients. But, unfortunately, this does not guarantee that the employees will be competent and will also comply with the rules of conduct with the client (although such things are very clearly and in detail spelled out in Sberbank). In particular, one time I was surprised by the phrase that I had not called in advance, and they would not be able to perform an unfamiliar operation, because... takes a long time to sort out (despite the absence of other clients and more than half an hour before the office closes).

When redeeming the shares, the management company asked to provide documents confirming the purchase. Brokerage reports of Troika Dialog had to be shoveled very decently. But they turned out to be not enough, because... According to the management company, transactions could have been completed after that. Additional paperwork was required. And it’s good that the broker has not closed over the years, otherwise taxes would have had to be paid on the full amount.

By the way, our state does not support long-term investors at all. For my investments from 2005-2008, I was not able to receive a personal income tax benefit at all. It is valid for shares and units acquired only after 2011.

The interface for online access to shares leaves much to be desired. The uniform was especially impressive feedback. When you fill it out, the authorization period expires almost instantly, so when you click on the “Submit” button, you get a page for entering your login and password. Of course, the typed message is not saved at all. Even a copied message could sometimes not be sent without running into re-authorization. At the same time, investments in the management company were received, apparently, every other time. The management company itself may well not respond to receiving the documents, so one can only guess what they received.

For shares purchased in 2005-2006, I had to pay a 2% discount, because... the discount is not charged only if the shares were not only purchased more than 2 years ago, but also transferred to the registrar more than 2 years ago. It turned out that in order to avoid paying this discount, the shares could be sold through a broker if he submitted an order for redemption. But such an option was simply not offered when asking how to redeem shares purchased on the exchange. They told me that you can only open an account with a management company and transfer them to the registrar, and then pay them off through an agent or management company. The question that I was misled and forced to pay an extra commission remained unanswered. It's shocking that they didn't even apologize!

In this situation, Sberbank Asset Management, Sberbank CIB, and Sberbank Premier distinguished themselves. The more I come across Sberbank, the more I understand that the competence of employees, service and even good online service There's no point in waiting here.

And I repeat once again that it is simply not worth entrusting money to a management company as a whole, no matter through mutual funds (UIFs) or through trust management. There are of course exceptions to this rule. But in general, it is better to study this topic yourself and create a diversified portfolio of stocks and bonds, including