ITI Funds Russia Equity


  • Latest NAV


    Data as of 30/09/2021
  • Performance


    Total return from 04/01/2021 to 30/09/2021
  • AUM


  • ISIN


  • Divident Treatment


  • TER



Why RTS Equity ETF

  • Exposure to diversified range of Russian equities
  • Access to most liquid local Russian shares
  • Annual dividend payout
  • Alternative investment to RTS future
  • Euroclear settlement
  • Listing on London Stock Exchange,
    Moscow Exchange
    and Astana International Exchange

Investment Objective

ITI Funds RTS Equity UCITS ETF SICAV is a UCITS compliant exchange traded fund that seeks to track the benchmark index RTS Index (Bloomberg: RTSI$).
RTS Index is a capitalization-weighted composite index based on prices of the most liquid common and preferred equity securities of Russian largest and dynamically developing companies that are traded on the Moscow Exchange (MOEX).
Index includes at least 10 and at most 50 equities, which must meet the following requirements: free float of at least 10%, liquidity ratio of 15% or above, track-record of daily trades and publication of financials according IFRS Standards.
The index is rebalanced on a quarterly basis and it is calculated in USD by MOEX and disseminated by the S&P Dow Jones Indices.


All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.


Name ITI Funds RTS Equity ETF
Ticker RUSE
Bloomberg Tickers RUSE LN
Domicile Luxembourg
Underlying Index RTS Index (RTSI$)
Replication Method Physical
Rebalance Frequency Quarterly
Listings London Stock Exchange (LSE)
Moscow Exchange (MOEX)
Irish Stock Exchange (ISE)
Astana International Exchange (AIX)
Trading currencies USD on LSE
ISIN LU1483649312
Base currency USD
Total Expense Ratio 0.65%
Use of Income Distribution
Distribution Frequency Annually
Custodian Edmond de Rothschild (Europe)
Management Company Fuchs Asset Management
Investment Manager Da Vinci Capital Management
Auditor KPMG
Legal Counselor Dechert
Regulator CSSF



Number of holdings:45
Industry diversification:15
Estimated holdings div yield:7.41%
Holdings pay-out ratio:90%
Holdings P/E:13.19 x
Holdings Market Cap (USD Bn):623.19
Holdings ADV 6M (USD k):41,701,301
RTS Futures Open Interest (USD k):13,111,734.2
RUSE Performance since 3 Jan 2020:-9.09%
Index Performance since 3 Jan 2020:-12.57%

*All data as of 29 January 2021


#ISINSecurity NameCurrencyCountryWeightIndustry3M Daily Traded Value, USD
1RU0007661625Gazprom PJSCRUBRU13.58%Energy181 935 774
2RU0009029540Sberbank of Russia PJSCRUBRU13.43%Financials302 655 000
3RU0009024277LUKOIL PJSCRUBRU11.02%Energy117 340 165
4NL0009805522Yandex NVRUBRU7.96%Communication Services53 070 663
5RU0007288411MMC Norilsk Nickel PJSCRUBRU7.89%Materials88 179 124
6RU000A0DKVS5Novatek PJSCRUBRU4.84%Energy26 835 184
7RU000A0J2Q06Rosneft Oil Co PJSCRUBRU3.30%Energy52 919 811
8JE00B6T5S470Polymetal International PLCRUBRU3.28%Materials37 279 331
9RU000A0JNAA8Polyus PJSCRUBRU2.40%Materials46 540 671
10RU000A0JKQU8Magnit PJSCRUBRU2.12%Consumer Staples30 312 503

Source: ITI Funds, Bloomberg.


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