| Year | Strat | MCFTR | Δ |
|---|---|---|---|
| 2026 | -12.6% | -1.2% | -11.5% |
| 2025 | -4.6% | +2.9% | -7.5% |
| 2024 | +15.5% | +1.6% | +13.8% |
| 2023 | +74.2% | +53.8% | +20.4% |
| 2022 | -13.2% | -37.3% | +24.1% |
| 2021 | +19.5% | +21.8% | -2.3% |
| 2020 | +32.9% | +14.8% | +18.0% |
| 2019 | +18.0% | +38.5% | -20.4% |
| 2018 | +0.0% | +2.0% | -2.0% |
RU non-financials ranked by FVC value-creation (governance-adjusted, gated >= +15%%), the same metric shown on /company pages. Top 10, equal weight, monthly. Total return (dividends reinvested).
| Period | Strategy | MCFTR | vs index |
|---|---|---|---|
| Day | +0.1% | +0.8% | -0.7% |
| Week | +0.3% | +1.6% | -1.3% |
| Month | +8.5% | +11.3% | -2.8% |
| YTD | +2.7% | +13.3% | -10.6% |
| Holding | Weight | Day | potential |
|---|---|---|---|
| MTSS fundamental value-creation potential +87% (governance-adjusted). | 10.0% | +0.1% | 87% |
| YDEX fundamental value-creation potential +67% (governance-adjusted). | 10.0% | -0.0% | 67% |
| VSEH fundamental value-creation potential +62% (governance-adjusted). | 10.0% | +0.0% | 62% |
| ASTR fundamental value-creation potential +53% (governance-adjusted). | 10.0% | +0.0% | 53% |
| X5 fundamental value-creation potential +47% (governance-adjusted). | 10.0% | +0.0% | 47% |
| POSI fundamental value-creation potential +41% (governance-adjusted). | 10.0% | +0.0% | 41% |
| BTBR fundamental value-creation potential +30% (governance-adjusted). | 10.0% | +0.1% | 30% |
| FIXR fundamental value-creation potential +28% (governance-adjusted). | 10.0% | +0.1% | 28% |
| NMTP fundamental value-creation potential +25% (governance-adjusted). | 10.0% | +0.1% | 25% |
| BELU fundamental value-creation potential +25% (governance-adjusted). | 10.0% | +0.1% | 25% |
| Rebalance | Signal | Holding | Price (RUB) | Weight | Result |
|---|---|---|---|---|---|
| 21 Oct 2026 | Buy | BTBR B2B-RTS fundamental value-creation potential +30% (governance-adjusted). | 123.34 | 10.0% | — |
| Sell | DATA ArenaData dropped out of the top ranking (entry score was 25%) | 95.24 | — | +8.4% | |
| 8 Oct 2026 | Buy | DATA ArenaData fundamental value-creation potential +25% (governance-adjusted). | 87.90 | 10.0% | — |
| Sell | FLOT SCF Group dropped out of the top ranking (entry score was 68%) | 78.04 | — | +6.2% | |
| 5 Oct 2026 | Buy | FIXR Fix Price fundamental value-creation potential +30% (governance-adjusted). | 0.3811 | 10.0% | — |
| Sell | OZON dropped out of the top ranking (entry score was 68%) | 3 150 | — | +9.2% | |
| 30 Sep 2026 | Buy | VSEH VseInstrumenti fundamental value-creation potential +69% (governance-adjusted). | 71.55 | 10.0% | — |
| Sell | DATA ArenaData dropped out of the top ranking (entry score was 25%) | 84.72 | — | +11.5% | |
| 18 Sep 2026 | Buy | MTSS MTS fundamental value-creation potential +84% (governance-adjusted). | 173.85 | 10.0% | — |
| Buy | ASTR Astra fundamental value-creation potential +53% (governance-adjusted). | 211.75 | 10.0% | — | |
| Buy | POSI Positive fundamental value-creation potential +46% (governance-adjusted). | 1 023 | 10.0% | — | |
| Buy | NMTP fundamental value-creation potential +27% (governance-adjusted). | 6.47 | 10.0% | — | |
| Sell | PRMD Promomed dropped out of the top ranking (entry score was 51%) | 402.95 | — | +1.6% | |
| Sell | RTKM Rostelecom dropped out of the top ranking (entry score was 38%) | 39.35 | — | -2.2% | |
| Sell | CNRU Cian dropped out of the top ranking (entry score was 31%) | 642.60 | — | +5.8% | |
| Sell | IVAT IVA Technologies dropped out of the top ranking (entry score was 24%) | 65.15 | — | -6.9% | |
| 7 Sep 2026 | Buy | IVAT IVA Technologies fundamental value-creation potential +24% (governance-adjusted). | 70.00 | 10.0% | — |
| Sell | ETLN Etalon dropped out of the top ranking (entry score was 163%) | 21.06 | — | +3.6% | |
| 2 Sep 2026 | Buy | CNRU Cian fundamental value-creation potential +31% (governance-adjusted). | 607.40 | 10.0% | — |
| Sell | PIKK PIK Group dropped out of the top ranking (entry score was 68%) | 572.70 | — | -1.2% | |
| 31 Aug 2026 | Buy | ETLN Etalon fundamental value-creation potential +164% (governance-adjusted). | 20.32 | 10.0% | — |
| Buy | PRMD Promomed fundamental value-creation potential +40% (governance-adjusted). | 396.65 | 10.0% | — | |
| Buy | BELU Beluga fundamental value-creation potential +31% (governance-adjusted). | 247.00 | 10.0% | — | |
| Sell | MTSS MTS dropped out of the top ranking (entry score was 97%) | 184.95 | — | +3.5% | |
| Sell | VSEH VseInstrumenti dropped out of the top ranking (entry score was 66%) | 69.92 | — | +8.2% | |
| Sell | EUTR Evrotrans AO dropped out of the top ranking (entry score was 40%) | 30.20 | — | -35.3% | |
| 26 Aug 2026 | Buy | MTSS MTS fundamental value-creation potential +97% (governance-adjusted). | 178.75 | 10.0% | — |
| Buy | YDEX Yandex fundamental value-creation potential +63% (governance-adjusted). | 3 456 | 10.0% | — | |
| Sell | PRMD Promomed dropped out of the top ranking (entry score was 34%) | 371.25 | — | -1.5% | |
| Sell | VKCO VK company dropped out of the top ranking (entry score was 34%) | 115.65 | — | -11.3% | |
| 17 Aug 2026 | Buy | RTKM Rostelecom fundamental value-creation potential +229% (governance-adjusted). | 40.24 | 10.0% | — |
| Buy | OZON fundamental value-creation potential +43% (governance-adjusted). | 2 885 | 10.0% | — | |
| Buy | VKCO VK company fundamental value-creation potential +34% (governance-adjusted). | 130.35 | 10.0% | — | |
| Sell | BELU Beluga dropped out of the top ranking (entry score was 23%) | 259.00 | — | -6.2% | |
| Sell | POSI Positive dropped out of the top ranking (entry score was 22%) | 877.20 | — | +12.0% | |
| Sell | OZPH Ozon Pharm dropped out of the top ranking (entry score was 21%) | 41.87 | — | -7.7% | |
| 3 Aug 2026 | Buy | OZPH Ozon Pharm fundamental value-creation potential +21% (governance-adjusted). | 45.37 | 10.0% | — |
| Sell | YDEX Yandex dropped out of the top ranking (entry score was 49%) | 3 973 | — | +6.0% | |
| 11 Jul 2026 | Buy | EUTR Evrotrans AO fundamental value-creation potential +26% (governance-adjusted). | 46.65 | 10.0% | — |
| Sell | OZPH Ozon Pharm dropped out of the top ranking (entry score was 22%) | 39.77 | — | -4.2% |
Prices are the frozen close on the signal date — the price at which the live model portfolio starts (buy) or stops (sell) holding the position. Sell result is the price change from the position's own buy signal, dividends not included.