Alpcot Russia awarded four star rating by Morningstar

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Effective Friday 10 January 2014 the fund Alpcot Russia receives four star rating by Morningstar for both the I- and UCITS ETF- share classes.

LONDON – 13 January 2014 - Alpcot Russia, the Luxembourg registered mutual fund, has been awarded four star rating for its I- and UCITS ETF-share classes based on the three year track record since the launch on 20 December 2010.

This is the first rating event for Alpcot Russia by Morningstar and signifies a great success for the fund. The Morningstar rating system is entirely based on objective calculations of fund performance, after subtracting all costs to investors, and volatility. No subjective views on the fund, the management company or the fund managers affect the ratings in any way.

A four star rating means the share classes fall within the top 22.5% best funds, within the same fund category, and is a testament to the Alpcot investment process and our philosophy based on investing for the long-term, applying discipline and integrity, leveraging in-depth knowledge of the industries and geographies into which we invest, and sticking to a concentrated portfolio of 30+ stocks.

Please do not hesitate to contact the Investment Manager and Global Distributor Alpcot Capital Management should you have questions about Alpcot Russia.

For additional comments, please contact

Alpcot Capital Management Ltd, 0044 (0)20 7518 0530

About Alpcot Capital Management Ltd

Alpcot Capital Management Ltd ("Alpcot") is an independent investment management company focused on Eastern Europe. Alpcot is based in London, United Kingdom, and has representative offices in Kiev and Tallinn. Alpcot's main business areas are mutual funds and alternative investments. Alpcot is authorised and regulated by the Financial Conduct Authority in the United KIngdom. Please refer to www.alpcot.com for additional information.

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