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Net sales of Slovak mutual funds almost halve m/m in December 2013

January 29, 2014

The net sales of Slovak mutual funds nearly halved on the month in December 2013 to EUR 77.6mn from EUR 131.2mn in November, data by the Slovak Association of Asset Management Companies (SASS) showed. For full 2013, the total net sales of mutual funds reached EUR 828.1mn , much higher compared to EUR 357.6mn in 2012. The net value of assets in mutual funds reached EUR 5.26bn at the end of December, up from EUR 4.4bn a year ago. The category "special funds others" reported the highest net asset value of EUR 1.153bn , followed by short-term investment funds with EUR 781.35mn and bond funds with EUR 697.6mn .

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Source: IntelliNews - Weekly Reports

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