Translation. Region: Russian Federation –
Source: Moscow Exchange – Moscow Exchange –
An important disclaimer is at the bottom of this article.
On October 31, 2025, Moscow Exchange's Finuslugi marketplace and Alfa Capital management company began selling shares of the open-end mutual fund Magellan Fund. The fund's portfolio is managed by Murad Agayev, author of the Telegram channel "Agayev Murad / Russian Magellan" and co-host of the media channel "Vredny Investor."
The fund invests in Russian shares, depositary receipts and bonds.
A key criterion when selecting stocks for the fund's portfolio is that the next projected dividend amount for the security must be greater than the previous one. Additionally, the portfolio includes stocks of companies with growth catalysts, such as planned dividend policy improvements, share buybacks, corporate restructurings, mergers and acquisitions, new production launches, etc.
The Magellan Fund mutual fund is available to non-qualified investors. Shares can be purchased on the Finuslugi marketplace, through the mobile app, and on the Alfa Capital Asset Management website. The total expense and fee limit stipulated by the fund's trust management rules is 2.6% of the average annual net asset value. There is no commission on the purchase or sale of shares. All stages of the fund's operations are managed by the management company. The fund's trust management rules are registered with the Bank of Russia.
Igor Alutin, Senior Managing Director for Retail Business and the Finuslugi Marketplace at Moscow Exchange:
"According to Finuslugi, the total net assets of proprietary mutual funds in October approached 200 million rubles, confirming investor confidence and interest. We believe that, by combining a robust investment product, the simplicity of social media, and a transparent structure, proprietary mutual funds help popularize the collective investment market among the general public. Therefore, we will continue to actively expand their product line."
Elena Chikulaeva, director of strategy at Alfa Capital Management Company:
"A series of proprietary funds combines professional analysis with an expert's personal market perspective, facilitating increased Russian investor engagement in collective investment instruments. Each new product makes private investments more personalized and accessible. The Magellan Fund exemplifies a strategy where working with undervalued companies is supported by a clear selection logic and disciplined risk management."
The Magellan Fund is the sixth fund in a joint venture between Alfa Capital and Finuslugi, aimed at implementing the strategies of independent financial experts who author popular investment blogs. Earlier this year, the following funds were launched: Black Line, managed by Nazar Shchetinin (Vredny Investor), Magnificent Seven, managed by Ivan Kreynin (Investment Diary), Matryoshka a la Rus, managed by Konstantin Kudritsky (Ask Vasilich), Bitcoin: Market Opportunities Fund, managed by Evgeny Kogan (bitkogan), and Conservative Strategy on the Moscow Exchange, managed by Igor Shimko.
Finuslugi is a money marketplace created by the Moscow Exchange. On Finuslugi, you can open bank deposits, take out cash loans, purchase mutual fund shares, public bonds from companies and Russian regions, as well as compulsory motor insurance (OSAGO), comprehensive motor insurance (CASCO), mortgage insurance, property insurance, and other products. You can top up your Finuslugi account commission-free using the Faster Payment System (FPS) 24/7. The service can be used regardless of region, anywhere in Russia and worldwide. Learn more on the website. http://finuslugi.ru.
Alfa Capital Management Company is one of the largest asset management companies in the market. Founded in 1996, Alfa Capital Management Company is a pioneer in managing assets for private, institutional, and corporate investors.
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.