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TKB BNP Paribas Russian Oil Sector Fund is for those investors who are interested in investing their money in one of the most attractive sectors of the Russian economy – in the extraction, refinement, and transport of oil and gas. This mutual fund places investor money into stocks and bonds of Russian companies of the oil and gas sector, which for decades has been one of the most important sectors of the Russian economy. Leading Russian oil companies have been issuing their financial accounts using international standards for years now, which has worked to make the sector more transparent, and consequently, oil and gas companies more attractive to investors. The high level of capitalization of the companies of the oil and gas sector as well as large turnover of their shares in the stock market have made them the most influential on the Russian stock market as a whole. The market for Russian oil stocks directly depends on the state of global oil and gas markets, and carries inherent political risk, which makes for potentially high volatility of the Funds value. KIT Fortis Russian Oil Sector Fund is intended for investors with a considerable appetite for risk and who maintain a longer investment horizon.