BAMOSZ: Investment funds assets reach HUF 5.602 trillion in February

Telco

Assets of investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) increased by HUF 70 bln to HUF 5.602 trillion in February, BAMOSZ announced today, according to Hungarian news agency MTI.

Assets of investment funds managed by members of the Association of Hungarian Investment Fund and Asset Management Companies (BAMOSZ) increased by HUF 70 bln to HUF 5.602 trillion in February, BAMOSZ announced today, according to Hungarian news agency MTI.

Bond funds attracted new investments of HUF 18 bln, while assets in open-ended funds, which account for a little more than two-thirds of all assets, grew 1.64%.

Assets in money market funds fell 1.6% as a result of withdrawals of HUF 24 bln and assets in mixed funds rose by 5.9% on net unit sales of HUF 26 bln.

Share fund assets grew 4.8% on net units sales of HUF 3.5 bln and higher yields, and net sales of units in property funds reached about HUF 500 mln.

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