Since last year September 2014, I have been monitoring Russia for an entry signal to invest for my investment portfolio. Those who had attended my Unit Trust seminar will know that Russia is in my investment watchlist.
In singapore, the Russia Unit Trust fund had dropped around 40% last year but the Russia Index (MICEX) return for 2014 was positive. The reason being the Russia fund invested 40% of their portfolio in the oil sector. Russia is a gem because it offers a good investment opportunity that has a solid fundamental background. Once, crude oil recovers, Russia fund will shot up.
Here is an article from Bloomberg about investing in Russia which completely gels with my thinking. You can read it here.