Monday 9 May 2022, 09:00
The net asset value of Hungarian investment funds rose by about HUF 170 billion to HUF 10.374 billion in March as prices recovered after a decline due to the outbreak of war in Ukraine and more units sold than redeemed.
This is according to monthly data published by the National Bank of Hungary (MNB) on its website last week.
Price changes added HUF 85 billion and net subscription added HUF 82 billion to net asset value during the month. Equity funds had the highest net asset value (HUF 3.151 tln), followed by real estate funds (HUF 2.631 tln), mixed funds (HUF 2.002 tln) and fixed income funds (HUF 1.525 tln) at the end of the month.
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