TBI Comfort, Capman Capital and Capman Max are the mutual funds which brought highest return to their investors last year among the different types of collective schemes in Bulgaria – low risk, balanced and aggressive.

According to data released by the Bulgarian Association of Asset Management Companies (BAAMC), in 2007 the return on investment in TBI Comfort stood at a little over 25%, and that of KD Bonds Bulgaria reaches 19.20%. Next in the chart are UBB Platinum Bonds, TBI Eurobond, Elana Eurofund and DSK Standard with profitability between 8.70% and 6.14%.

NameTypeReturnTBI ComfortLow-risk25.09%KD Bonds BulgariaLow-risk19.20%UBB Platinum SharesLow-risk8.70%TBI EurobondLow-risk6.35%Elana EurofundLow-risk6.23%

In spite of following a balanced strategy, Capman Capital achieved profitability of 82.66% last year. Other excellent performers in this group are two of the funds part of the Elana Fund Management group – Elana Balanced Dollar Fund (57%) and Elana Balanced Eurofund (53%).

The return posted by TBI Harmony and Status New Shares topped 48%. Next in this list, with similar results, are Standard Balanced Fund and DSK Rastej.

Capman CapitalBalanced82.66%Elana Balanced $ FundBalanced57.49%Elana Balanced EurofundBalanced53.39%TBI HarmonyBalanced48.89%Status New SharesBalanced48.72%

Capman Max boasts the record 110.07% return, which is the highest among aggressive schemes in the country. The top 5 here also includes Ug Market Maximum, TBI Dynamic, UBB Premium Shares and Alfa Index Top 20.

BenchMark Fund 2, Elana High-Yield Fund, KD Shares Bulgaria and Advance Invest also returned more than 50% to investors in 2007.

Capman MaxAggressive110.07%Ug Market MaximumMedium-aggressive108.53%TBI DynamicAggressive76.08%UBB Premium SharesAggressive67.68%Alfa Index Top 20Aggressive67.45%