NAV was up 26.5% from 12 months earlier and 5% higher than in November.
Net subscription reached HUF 400 billion in December, while price changes raised NAV by HUF 76 bln and foreign exchange rate changes added HUF 15 bln to the total.
Equities funds had the largest NAV (HUF 3.007 tln), followed by real estate funds (HUF 2.593 tln), mixed funds (HUF 2.089 tln), and bond funds (HUF 1.618 tln).
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
