RSX seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Russia Index. The index includes securities, which may include depositary receipts, of Russian companies.
A company is generally considered to be a Russian company if it is incorporated in Russia or is incorporated outside of Russia but has at least 50% of its revenues/related assets in Russia. Such companies may include medium-capitalization companies.
Overall, RSX provides exposure to:
The Nation’s First ETF Focused on Russia: Largest, most liquid Russia ETF versus competing U.S.-listed ETFs.
A Value Opportunity: Russia’s equity market is currently offering deep discounts versus emerging markets as a whole.
Контроль превыше всего: малый бизнес в Омске обследуют по полной программе
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Дмитрий Медведев рассказал о возможном отключении глобального Интернета в России
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3 Feb in 10:00
Russia suffered a smaller contraction than most major economies in 2020 after the government opted not to reimpose a lockdown in the second half of the year, according to Bloomberg.
Gross domestic product contracted 3.1% last year, the biggest slump since 2009, Russia’s Federal Statistics Service said Monday. The contraction was softer than expected by economists, who forecast a 3.7% drop in a Bloomberg survey. The Economy Ministry had projected a decrease of 3.9%.
The economy is expected to grow this year, according to a separate Bloomberg survey, but economists warn that may be compromised by a slower than planned rollout of the Covid-19 vaccine.
Russia’s Jailing of Putin Foe Navalny Draws U.S., European Ire Bloomberg 2/3/2021 Irina Reznik and Henry Meyer © Bloomberg A smartphone displays a news broadcast of Alexey Navalny, Russian opposition leader, in Moscow, Russia, on Tuesday, Feb. 2, 2021.
(Bloomberg) Russia imprisoned opposition leader Alexey Navalny for two years and eight months, drawing condemnation from Western leaders as President Vladimir Putin seeks to crush a resurgence in protests against his rule.
A Moscow court converted a suspended sentence that Navalny, 44, received for a 2014 fraud conviction into a prison term for alleged violations of his probation. His 3 1/2-year sentence will be reduced by the 10 months he spent under house arrest in the case, the judge ruled Tuesday.