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BAMOSZ investment fund assets edge down 0.5% in December

Telco

Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) fell to HUF 5.471 trillion in December, down by 0.5% from a month earlier, BAMOSZ announced yesterday.

Compared with a year earlier, assets managed by BAMOSZ investment funds grew by HUF 854 bln or 18.5%. Assets in money market funds fell 1.4% to HUF 1.471 trillion in December from a month earlier. Investors took out HUF 23 bln from the funds during the month. Assets in shares funds dropped 11.5% to HUF 235 bln. Net unit sales came to almost HUF 26 bln. Bond fund assets rose 2% to HUF 1.243 trillion. Investors bought net HUF 25.9 bln of the funds' units. Assets in mixed funds increased 2.4% to HUF 613 bln.

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