Individuals invested mostly in exchange-traded and open-end unit investment funds (UIFs), according to the report Review of Key Indicators of Unit Investment Funds and Joint-stock Investment Funds, 2020 Q3.
Compared to open-end UIFs, exchange-traded UIFs tend to attract small investors, as evidenced by the average investment amount of an individual customer. As of late September, open-end UIFs attracted as many as 536 thousand rubles of investment, while exchange-traded UIFs attracted 34 thousand rubles.
For the overall quarter, UIFs focused on Russian government securities and ETFs proved superior to other exchange-traded UIFs in generating the net funds inflow. The uptick in volatility early in the year drove a higher interest of individuals in protective assets and ETFs, accessible through many exchange-traded UIFs. This came as a reason behind growth in their appeal.
See PDF here: https://www.cbr.ru/Collection/Collection/File/31574/rewiew_pif_aif_20Q3.pdf