| | Karma Capital is a Long/Deep Value Fund that seeks to profit from mispricing, misinformation and the lack of transparency in the Russian and CIS micro and small-cap listed equities market. The Fund has successfully identified numerous small-to-mid-cap companies which are poorly understood by the market, and which are likely to benefit from the ongoing restructuring of the Russian economy. The Fund is highly value-oriented and the investment process is supported by a careful assessment of fundamentals.
The fund takes a long-term horizon view - positions may be held for a number of years awaiting a catalyst. The Russian small/midcap sector has limited liquidity, and price moves tend to be rapid and substantial. Therefore, a multi-year investment horizon is appropriate.
Currently, the Fund is concentrating on Russian and other CIS companies which are providing vital commodities to the growth economies of Asia, in particular China and the Asian Dragons. The Fund is not market neutral and does not seek to hedge out volatility in the overall Russian blue-chip market - it is designed for investors seeking a core position of Russian micro and small to mid-cap stocks. For Immediate Contact:
Linda Boyd-Jones
212-486-6670, ext 241 |
