ITI Funds

2020-08-07 12:39:17 ​​ETF backers declare victory after ‘largest ever stress test’. The ETF sector vaulted over the $6tn-in-assets mark last year, up more than sevenfold since 2007. While traditional actively managed equity funds have suffered another $143bn of withdrawals this year, equity ETFs have taken in another $111bn, according to EPFR, a data provider.

Strong index composition and positive outlook also surge new inflows into ITI Funds Eurobond ETF (ticker: RUSB). The current AUM is $12,5m+

#ETF Open / Comment

2020-07-30 12:07:31 ITI Funds and «Inversion» management team have launched the first Non-core Assets Fund in CIS focused on investments in private debt. The first investment round is 90% closed. The investment conditions are:

- The target return for investors: 50% in rub terms. The deals pipeline is available upon request
- Dividend payment: every six months, 50-90% of the accumulated profit. The first payment: in 12 months
- Fund lifespan: 3 years. Early redemption available
- Assets: debts secured by liquid assets; debts of real sector enterprises

Taking into account the current economic environment the fund is expected to be one of the most promising investment opportunities.

ITI Funds chose «Inversion» team as the main partner for the project, because «Inversion» has an unprecedented expertise: the team has been working with distressed assets since 2011, the average annual return is 61%.

#debt Open / Comment

2020-07-22 12:47:07 Gett, the London and Israel-based company that competes with the likes of Uber and many others to provide private car rides on-demand, has raised $100 million. Gett’s CEO and founder Dave Waiser told TechCrunch that the funding is all primary equity capital, and the company says it plans to use it to continue investing in its B2B business, which has been growing — not shrinking or staying flat — in the midst of the global health pandemic.

#IPO Open / Comment

2020-07-20 12:05:43 ITI Funds investment products performance. Report for June 2020 year (performance in USD terms):

ITIFC (Crypto index fund)
June: -6.76%
+35.84% YTD

RUSE LN (Russia-focused equity ETF)
June: -0,17%
-18,63% YTD

RUSB LN (Russia-focused Eurobond ETF)
June: +0,11%
+3,75% YTD

Alteus Hedge Fund
June: +2.1%
+2.5% YTD

Telescope (Actively managed hedge fund, Russia-focused)
June: +5.5%
+10.3% YTD

Market Timing Strategy (Actively managed, US-focused)
June: +1%
+8.98% YTD

Export Finance Project +11% (bonds, fixed coupon) Open / Comment

2020-07-15 21:15:41 ​Please find attached market news related to opportunity posted above.

1. Both unemployment rate and jobless claims are declining and remain below market expectations.
2. The demand for mortgage loans has risen above the pre-crisis level. So we do not expect real estate price drop.
3. No more new borrowers requesting the forbearance.

#real_estate Open / Comment

2020-07-15 21:10:05 ​We would like to offer to your attention an opportunity to invest in US real estate backed mortgage loans.

- Coupon yield: 13-15% p.a. in USD terms, net of fees.
- Coupon frequency: quarterly.
- Investment horizon: 36 months.
- Risk level: low. The product has profit protection even in case of market decline sharper than during mortgage credit crunch of 2008. (No market falls is expected in 2020-2021).
- Legal structure: regulated fund domiciled in Luxembourg (RAIF), Euroclear settlement will be available.
- The fund manager has allocated $5 mn in the fund.
- The management company has many years’ experience of successfully investing in the sector: more than $1 bln of loans issued during the last 7 years. The Fund I has $160 mln in assets and yielded 9.4% in 2019.

Please find the detailed information attached.

#real_estate Open / Comment

2020-07-14 12:06:39 ​As the coronavirus hit the U.S. in March, the S&P 500 index plummeted. Since its nadir, it has leapt more than 40% in 3½ months to within 6% of its all-time high. How can the stock market be so strong? MarketWatch presents its answer. Open / Comment

2020-06-19 19:07:55 ITI Funds investment products performance. Report for May 2020 (performance in USD terms):

ITIFC (crypto index fund)
May: +0.33%
+32.79% YTD

RUSE LN (Russia-focused equity ETF)
May: +7,22%
-19,27% YTD

RUSB LN (Russia-focused Eurobond ETF)
May: +4,46%
+3,63% YTD

Alteus Hedge Fund
May: +0.6%
+1% YTD

Telescope (actively managed hedge fund, Russia-focused)
May: +11.39%
+4.6% YTD

Market Timing Strategy (actively managed, US-focused)
May: +2.5%
+9.13% YTD

#report Open / Comment

2020-06-19 16:04:22 International Grain Council expects Russian wheat production to exceed 79 million tons in 2020/21 season. It will be the largest volume for the whole history except 2017/18 season. The estimated export volume is 36.1 million tons. Russia remains the largest wheat exporter.

Thus we see the following product as a good opportunity: ITI Commodities bonds backed by export wheat export with fixed annual coupon 11% paid quarterly.

#alternative #commodities Open / Comment

2020-06-04 22:36:51 The US unemployment figures only seem as the end of the world. Once US opens again most of the people who filed will come back to jobs while money received by now would help keeping up consumer spending at substantial levels.

The US Treasury disbursed $146 billion in unemployment benefits in the three months through May, more than in the whole of 2009, when jobless rates peaked after the financial crisis. But even that historic figure falls short of a total bill that should have reached about $214 billion for the period, according to Bloomberg calculations: https://bloom.bg/2Xpd4UD Open / Comment