ITI Funds UCITS ETF SICAV S.A. is an open-ended investment company organised under the laws of Luxembourg as a société d’investissement à capital variable (SICAV), under the form of a public limited liability company (société anonyme) and authorised under part I of the 2010 Act. The Company has an umbrella structure consisting of several Sub-Funds. A separate portfolio of assets is maintained for each Sub-Fund and is invested in accordance with the investment objective and policy applicable to that Sub-Fund.

ITI Funds RTS Equity UCITS ETF SICAV S.A. is a sub-fund of ITI Funds UCITS ETF. The investment objective of the fund is to provide investors with a return which reflects the performance of the RTS Index (Bloomberg: RTSI$) (the Reference Index). RTS Index is a cap weighted index with free-float coefficients. The index comprises Russia’s most liquid equity securities. The fund distributes income generated on dividends received from funds’ constituents on the annual basis.

ITI Funds Russia-focused USD Eurobond UCITS ETF SICAV S.A. is a sub-fund of ITI Funds UCITS ETF. The investment objective of the fund is to provide investors with a return, which reflects the performance of ITI Funds Russia-focused USD Eurobond Index. The fund comprises 20-30 USD Eurobonds of Russian issuers.

Da Vinci Capital is a leading independent investment manager set up in 2007 to make private equity investments in Russia and other Eurasian Economic Union (EEU) countries. Company’s AUM amounts to USD 300 MM.