AlfaFond — Russian-emitter research where every figure is verified against a primary source

Metric	Value	Source	Badge
Price	321,47 ₽	moex_iss	✓ verified
Market cap	6 939,6 млрд ₽	moex_iss	✓ verified
Dividend FY2025	34,84 ₽ (≈10,8% TTM)	moex_iss · факт выплаты	✓ verified
P/E (LTM)	≈3,9	расчёт по smart_lab	⚠ single source
Dividend forecast NTM	37,64 ₽	dohod · прогноз	⚠ forecast

01 · Why it matters

Ordinary AI confidently invents financial figures

✗ AI without grounding — a real case

“Europlan (LEAS): IPO in 2024, dividend for 2024 — about 50 ₽, yield ~7.5%”

Both figures are fabricated. It sounds convincing — but there's nothing to check against: no source.

✓ AlfaFond — checked against a primary source

“LEAS: IPO 29.03.2024, dividend FY2024 — 75.00 ₽ (25.00 in June + 50.00 in December), yield 11.3%”

Source: moex_iss + tinkoff_api, cross-checked ✓. When two AI answers disagree, that's a reason to trust neither without a badge.

02 · Method

Nine sources, cross-checking, an audit trail

step 1

Collection from primary sources

Quotes and corporate actions — from the exchange, financials — from the disclosure centre, dividends — by actual payouts. Not from retellings.

MOEX ISS · e-disclosure · CBR
smart-lab IFRS · dohod · Tinkoff · OFZ ZCYC

step 2

Cross-checking and trust scoring

Every figure is checked across independent sources, period-aware. A match — ✓. A single source or a forecast — ⚠. A conflict — ✗, and the figure is not published as fact.

period-aware matching · anomaly detection
staleness control

step 3

Analysis with citations

The AI writes analysis only on top of verified facts. Any statement can be traced back to its source — the full audit trail of every report is stored and reproducible.

auto-citation · immutable audit-trail
final QA — by hand

03 · Samples

Fragments of real reports

SBERSberbank expand ↓

Dividends (moex_iss, actual payouts — trust 1.00):

FY	₽/share	FY	₽/share
2019	16,00	2023	25,00
2020	18,70	2024	33,30
2021	18,70	2025	34,84 ✓
2022	0,00 ⚠	NTM	37,64 ⚠ forecast

P/E (LTM) ≈3,9 · earnings yield ≈25,6% · ROE ≈24,4% — derived values are flagged ⚠ calculated, so an estimate is never passed off as fact.

LEASEuroplan expand ↓

Dividend history (cross-checked moex_iss + tinkoff_api):

FY	₽/share	Badge
2025 (partial)	87,00	⚠ tinkoff
2024	75,00	✓ two bases
2023	48,34	✓ two bases
2022	29,17	✓ two bases

The only large independent auto-leasing company in Russia; the main driver is the CBR key rate (NIM expansion as it falls). TTM yield ~4.4%, FY2024 run-rate — 11.3%.

04 · Early access

A report on the emitter you care about — on request

The service is in early access: reports are prepared individually on our pipeline and pass manual quality control. Send a ticker — we'll reply with terms and a timeline.

Full emitter reports are delivered in Russian (Russian-language primary sources); English summaries available on request.

Full report: business model, drivers, dividends, multiples, risks — every figure with a source
Verification badges and a list of discrepancies between sources
For advisors and channel authors: a citation-backed format you won't be embarrassed to reference

1

You leave a ticker in the form below — plus where to send the answer.

2

We send terms and a timeline. We prepare the report on the pipeline + manual QA of every figure.

3

You receive the report at your contact. Payment after the scope is agreed.

Report price on request per emitter · in-depth report with verification

Payment: bank transfer / SBP, self-employed receipt (legal, with a document). You pay after the report is ready.