FINAM sells its shares in Chelyabinsk

FINAM Management, part of FINAM Investments Holding, started to sell its shares in Chelyabinsk. Milcom Invest has been acting as their agent.

The company represents 2 investment funds, FINAM Perviy (mixed investments) and FINAM Obligatsionniy (conservative strategies). In 2005, the profitability of the former comprised 78.51% (17.7% in February 2006). The lower investment limit is 1,000 RUR for the first company and 20,000 RUR for the second one. One can also convert the shares of different funds, for example, by investing in securities or shares during different periods of market growth.

FINAM shares are also available in Magnitogorsk and Miass.

FINAM Management is hoping to widen the range of its products and services in Chelyabinsk in the nearest future.

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