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Net assets of investment funds increased in October by 1.1%, up to 48.5 billion RON

December 23, 2024

The net assets of the 247 open and closed funds, local and foreign, increased in October, compared to the previous month, by 1.1% to the level of 48.5 billion RON (9.7 billion euros), and since the beginning of the year they have increased by 22%, according to a press release from the Association of Fund Administrators..According to the quoted source, the net income of the month totaled 546 million lei (109.7 million euros).The 5 best performing funds in the last 12 months recorded net annual returns between 27.2% and 29.3%; over a 36-month horizon, the 5 best-performing funds had returns between 50.3% and 94.8%, obtained over the last 3 years (as of October 2021).The net assets of the 94 local open funds increased in October by 1.8%, up to 26.4 billion lei (5.3 billion euros) and since the beginning of the year they have increased by 29.6%.bonds and instruments with fixed income (+404.0 million RON), those gathered under the category "other funds" (+108.9 million RON) and diversified ones (+47.7 million RON), while equity funds had net outflows (-11.6 million RON).The net assets expressed in lei of the 117 foreign open funds distributed in Romania increased in October by 0.7% compared to the previous month, up to 2.1 billion RON (0.43 billion euros) and since the beginning of the year they have increased by 15.5%.The foreign open-ended funds distributed in Romania, having a weight of 7.4% in the total assets of the open-ended investment funds, recorded inflows of 17.8 million RON (3.6 million euros) in October.The net assets of the 36 alternative investment funds increased by 0.3% in October, up to 19.9 billion RON (4 billion euros) and since the beginning of the year they have increased by 13.8%; local alternative investment funds had net outflows of 21 million RON (4.2 million euros) in the reported month.      

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