Yandex Pay and VIM Investments have launched a money market fund

Yandex Pay and VIM Investments, a management company, have launched a joint open-end fund, Yandex Pay. Money Market Fund. Rubles. Fund allows Yandex Pay users to invest in money market instruments with potential returns comparable to market rates and the Bank of Russia's key interest rate, while maintaining a conservative risk level. Fund's strategy involves investing in highly liquid money market instruments, with a minimum investment amount of ₽100,000.