With tension in the Ukraine still bubbling most investors wouldn't touch Russia with a barge pole. It's a market haunted by instability and the country is in the thick of a crisis. But a number of contrarian investors now see it as an opportunity to make some serious cash. Neptune Russia & Greater Russia Fund (GB00B04H0T52) has underperformed its benchmark index, MSCI Russia Large Cap over one, three and five years but this is one reason why Ben Yearsley, head of investment research at Charles Stanley, is so keen to invest.
IC TIP:
Buy
at
248.40p
Tip style
Growth
Risk rating
High
Timescale
Long Term
Bull points
- Experienced manager
- Cheap valuations in Russia
- Less focused on energy than benchmark
Bear points
- Poor past performance
- Political risk
IC TIP RATING