The figures

Photo taken by Shutterstock.com

The net asset value (NAV) of Hungarian investment funds rose by HUF 358 billion to HUF 11.781 billion in September, driven by net subscription, state news wire MTI reports, citing monthly data published by the National Bank of Hungary (MNB).

Net subscription amounted to HUF 351 billion. Exchange rate changes added HUF 87 billion to the net asset value, but price changes subtracted HUF 80 billion.

Equity funds had the highest net asset value (HUF 3.5 tln), followed by real estate funds (HUF 2,951 tln), fixed income funds (HUF 2,063 tln) and mixed funds (HUF 2,029 tln) at the end of the month.

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing decent journalism is an expensive business. For 27 years, the editors, editors and reporters of Budapest Business Journal have strived to bring you business news that works, information you can trust, that is factual, accurate and presented without fear or favour.

News organizations around the world are struggling to find a business model that allows them to continue to excel, without compromising their ability to perform. More recently, some have experimented with the idea of ​​involving their most important stakeholders, their readers.

We would like to offer this same opportunity to our readers. We would like to invite you to help us provide the quality business journalism you need. Hit our Support the BBJ button and you’ll be able to choose how much and how often you send us your contributions.