BAMOSZ investment fund value reaches HUF 7.851 tln
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The net asset value (NAV) of investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) stood at HUF 7,851 trillion at the end of December, up 13.8% from 12 months earlier, news agency MTI reports, citing data released by the association.
NAV of property funds increased 1.8% to HUF 1.7 tln.
Assets in bond funds rose 4.2% to HUF 1.566 tln and assets in mixed funds climbed 33.6% to HUF 1.777 tln.
NAV of shares funds jumped 43.7% to HUF 872 bln.
Assets in funds of funds grew 35.9% to HUF 2.159 tln.
Net subscription of investment fund units came to HUF 169 bln in December. Sales of units in shares funds reached HUF 42 bln and sales of bond fund units came to HUF 32 bln.
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