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Bamosz Investment Fund NAV Reaches HUF 15.624 tln in March

Analysis

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Net asset value (NAV) of investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (Bamosz) was a little under HUF 15.624 tln at the end of March, up 55% from 12 months earlier, association data show.

Assets in bond funds jumped 80% to HUF 5.815 tln and NAV of property funds rose 17% to HUF 2.074 tln.

Assets in mixed funds climbed 22% to HUF 2.058 tln and assets in funds of funds increased 25% to HUF 2.692 tln.

NAV of equities funds increased 38% to HUF 978 bln.

Net subscription of units in BAMOSZ funds reached HUF 282 bln for the month.

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