BAMOSZ investment fund assets edge down 0.5% in December
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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