BAMOSZ: Investment fund assets edge up 0.39% in October
Assets in investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) rose by HUF 21.8 billion or 0.4% to HUF 5.663 trillion in October, BAMOSZ said today, according to Hungarian news agency MTI.
Assets in money market funds fell 2.4% to HUF 1.361 tln on withdrawals of HUF 33.4 bln.
Assets in bond funds edged down 0.2% to HUF 1.244 bln as yields only partly offset investorsʼ withdrawals worth HUF 2.8 bln.
Mixed fund assets rose 1.7% to HUF 766 bln as the funds attracted fresh funds of HUF 4.7 bln.
Assets in share funds grew 5.4% to HUF 268 bln as the funds drew fresh funds of HUF 495 mln and as a result of yields.
Assets in capital-guaranteed funds grew 0.4% to HUF 478 bln as yields more than compensated withdrawals of HUF 2.5 bln.
Absolute-yield fund assets grew 1.2% to HUF 721 bln. The funds attracted fresh funds of HUF 1.3 bln.
Property fund assets rose 1.7% to HUF 518 bln as the funds drew fresh funds worth more than HUF 7.4 bln.
Negative yields cut commodity market fundsʼ assets by 1.4% in October.
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