The assets of 14 Bulgarian mutual funds and investment companies increased by more than 100% in 2007 first half, shows profit.bg data.
The number one company in these terms is Advance Eastern Europe which manages some 22.59 mln leva, or 11.55 mln euros. This is 667% up from last year when assets stood at 2.94 mln leva (1.503 mln euros).
Five funds have increased assets by 200%. These are Status New Shares, KD Equity Bulgaria, Capman Max, BenchMark Fund-2 and Ug Market Maximum.
Eight other companies increased assets by between 100.71% and 187.06%. The positive tendency is due to generating new assets, as well as to the positive trend on the Bulgarian Stock Exchange over tha past several months and years.
|1||Advance Eastern Europe||2942943,27||22593356,99||667.71%|
|2||Status New Shares||4397214,18||17222486,29||291.67%|
|3||KD Equity Bulgaria||1026560,78||3842538,65||274.31%|
|6||Ug Market Maximum||953507,47||3067563,52||221.71%|
|8||Raiffeisen Bulgaria Equity Fund||12958099,08||35494651,8||173.92%|
|10||Alpha Index Top 20||441363,52||1065954,53||141.51%|
|11||UBB Premium Shares||5759953,25||13656203,32||137.09%|
|13||BenchMark Fund 3||677238,79||1446759,08||113.63%|
|14||KD Bonds Bulgaria||591708,11||1187628,6||100.71%|
|15||Elana Balanced Fund||11248231,55||21309171,28||89.44%|
|16||Elana High Yield Fund||9883960||17940965||81.52%|
|17||Elana Balanced Eurofund||14324725||25326081||76.80%|