Net asset value of BAMOSZ funds HUF 6.974 tln
The net asset value of investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) stood at HUF 6.974 trillion at the end of February, up 7.6% from 12 months earlier, according to association data, writes azenpenzem.hu.
Net asset value of property funds increased 5.8% to HUF 1.667 tln. Assets in bond funds rose 8.3% to HUF 1.516 tln and assets in mixed funds climbed 17.1% to HUF 1.423 tln.
Net asset value of shares funds jumped 56.3% to HUF 657 billion. Assets in funds of funds grew 15.4% to HUF 1.613 tln.
Net subscription of investment fund units came to HUF 28.7 bln in February. Net subscription of units in shares funds stood at HUF 13.7 bln and net subscription of units in mixed funds reached HUF 57.4 bln.
Investors redeemed net HUF 900 million of property fund units.
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