Published on: 2026-05-26
Source: Moscow Exchange –
An important disclaimer is at the bottom of this article.
On May 26, 2026, trading in shares of the exchange-traded fund (ETF) “Alpha-Capital Money Market Yuan” under the management of AMC “Alpha-Capital” began on the Moscow Exchange stock market. The trading code is AKMC. The fund’s securities are available on the main and evening trading sessions of the Moscow Exchange stock market.
The new fund invests in one of the most liquid segments of the Moscow Exchange money market – repo transactions. The fund’s benchmark is served by an indicatorRUSFAR CNY, calculated by the Moscow Exchange based on repo transactions with a central counterparty (CCP) and reflecting the cost of raising funds in the Russian market.
Dmitry Danilenko, Director of Money Market Development at the Moscow Exchange:
“Money market funds are a convenient tool for managing liquidity and earning income at the market rate. In four months since the beginning of the year, private investors’ investments in money market funds exceeded 35 billion rubles. Instruments in Chinese yuan open additional opportunities for currency diversification of the portfolio. With the emergence of the new fund, investors will have additional options for building their strategies taking into account currency fluctuations, as well as movements of yuan rates.”
Irina Krivosheeva, General Director of UK “Alpha-Capital”:
“It is important for Russian investors to have access to currency diversification in local exchange infrastructure with the possibility of placing free funds for terms from several days. The fund’s conservative strategy involves entering into REPO transactions with clearing participation certificates and other money market instruments in yuan. With the new fund, clients will be able both to flexibly manage the liquid part of their portfolios and to invest in Chinese currency with any investment horizon, including for reducing the risk of adverse fluctuations in the ruble exchange rate.”
On the Moscow Exchange stock marketInvestors have access to shares of 19 money market funds (15 in rubles and 4 in yuans) managed by 13 management companies.
The “Alfa-Capital Yuan Money Market” securities are available to non-qualified investors and can be acquired, including through an individual investment account (IIA). After three years of holding shares in funds listed on the Moscow Exchange, the investor can benefit from a tax incentive for long-term ownership of securities.
Moscow Exchange is the largest Russian exchange, the only multifunctional trading platform in Russia for stocks, bonds, derivatives, currency, money market instruments, and commodities. The Moscow Exchange Group includes a central depository as well as a clearing center performing the functions of a central counterparty in the market, which allows the Moscow Exchange to provide clients with a full cycle of trading and post-trading services..
Please note; this information is raw content obtained directly from the information source. It represents an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.