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.
№ | Name | Dec/31/2006 | July 4/2007 | Difference |
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% |
4 | Capman Max | 6805316,62 | 25063060,66 | 268.29% |
5 | NbenchMark Fund-2 | 5411264,05 | 18046750,39 | 233.50% |
6 | Ug Market Maximum | 953507,47 | 3067563,52 | 221.71% |
7 | DSK Growth | 15954472,96 | 45798522,75 | 187.06% |
8 | Raiffeisen Bulgaria Equity Fund | 12958099,08 | 35494651,8 | 173.92% |
9 | DSK Balance | 16002753,16 | 40281508,68 | 151.72% |
10 | Alpha Index Top 20 | 441363,52 | 1065954,53 | 141.51% |
11 | UBB Premium Shares | 5759953,25 | 13656203,32 | 137.09% |
12 | TBI Dynamic | 7232593,88 | 16128164,69 | 122.99% |
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% |
18 | TBI Harmony | 7618081,99 | 12151711 |