Translation. Region: Russian Federation –
Source: Moscow Exchange – Moscow Exchange –
An important disclaimer is at the bottom of this article.
On October 21, 2025, trading in the exchange-traded mutual investment fund (ETIF) "Finam Bonds with Payment" under the management of Finam Management began on the Moscow Exchange stock market. Trading code – FNBR.
The fund became the 100th in the Moscow Exchange's line of mutual funds and the first available simultaneously during the main, morning, and evening trading sessions, as well as during weekend trading.
The Finam Bonded Mutual Fund with Payment invests in government and corporate floating-rate bonds (floaters), as well as money market instruments such as repo transactions. Investments in repo transactions will not exceed 20% of the fund's assets.
The bonds in the mutual fund are selected so that unitholders can receive monthly coupon income. Payments will begin in July 2026, and until then, accrued coupons on the fund's securities will be reinvested.
Boris Blokhin, Managing Director for Stock Market and Digital Assets at Moscow Exchange:
"Exchange-traded funds remain one of the most convenient tools for investors. They allow you to diversify and optimize your portfolio by spreading your funds across different assets. Moscow Exchange offers a wide selection of funds, their composition is transparent, and shares are easy to buy and sell through the brokerage app. We congratulate the management company and look forward to seeing more exciting tools for investors."
Evgeny Tsybulsky, Director of Product Development at Finam Management:
"We see a strong demand for simple passive income tools. Our new mutual fund with monthly payments is a direct response to this demand. It combines three key advantages: the reliability of bonds, returns potentially exceeding deposit rates, and high liquidity. This makes the fund an excellent solution for both beginners and experienced investors."
The Finam Bonded Mutual Fund with Payment is available to non-qualified investors. The price per unit at the start of trading is 10 rubles. Securities can also be purchased using an individual investment account (IIA). The management company's fee for managing the fund is 0.5% per annum. After three years of continuous unit ownership, investors can take advantage of a tax benefit.
Moscow Exchange is Russia's largest exchange and the only multifunctional platform for trading stocks, bonds, derivatives, currencies, money market instruments, and commodities. The Moscow Exchange Group includes a central depository and a clearing center that acts as a central counterparty in the markets, enabling Moscow Exchange to provide its clients with a full range of trading and post-trading services.
Contact information for media: 7 (495) 363-3232PR@moex.com
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.