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NET ASSET VALUE OF HUNGARIAN INVESTMENT FUNDS CLIMBS TO HUF 7,536 BN

 

Net asset value of Hungarian investment funds stood at 7,536 billion forints (EUR 22.3bn) at the end of last year, up 9% from the end of 2018, fresh data from the National Bank of Hungary (NBH) show. Real estate investment fund assets increased by 14% to 2,092 billion forints. Assets of absolute yield funds dropped by 6% to 961 billion forints, while assets of short-term bond funds jumped 77% to 945 billion forints. Assets of medium-risk mixed funds rose by 28% to 782 billion forints. Share fund assets climbed 23% to 556 billion forints.
Assets of mixed funds overweight in bonds increased by 25% to 479 billion forints.