The combined value of the assets of Bulgarian collective investment schemes declined amounted to 622.23 mln leva as at the end of June 2008, down by 5.08% on May, data of the Bulgarian Association of Asset Management Companies (BAAMC) show.

A total of 11 collective investment schemes, mostly with conservative or balanced profile, posted an increase in the value of their asses in June. Four of the schemes saw an increase of less than 0.12% each in the value of their assets.

FIB Garant recorded the highest increase in the value of its assets over the last moth. The asses of the fund grew by 16.91% to 607,868 leva. Aurora Capital-Balanced Fund followed with a 11.39-percent increase in assets to 1.42 mln leva.

The net asset value of Raiffeisen Balanced Dollar Fund grew by 6.13% to 9.85 mln leva. UBB Platinum Bonds' net asset value went up by 5.05% to 3.42 mln leva as at June 30.

Elana Fund Money Market saw a 2.93-percent rise in assets to 14.77 mln leva as at the end of June. TBI Eurobond's asset value rose by 1.2% to 6.66 mln leva.

Mutual fund/Investment companyNAV JuneNAV MayChange %DSK Growth44960.148932.74-8.12Capman Max42190.4145416.28-7.1Raiffeisen (Bulgaria) Equity Fund35822.338303.32-6.48DSK Balance34286.1536551.8-6.2Raiffeisen (Bulgaria) Balanced Fund32565.4934126.61-4.57Advance Invest30939.3332623.51-5.16Elana Balanced Eurofund*28037.5229734.14-5.71Elana Balanced $ Fund*27012.6428551.4-5.39UBB Premium Equity26505.7429137.59-9.03Elana High Yield Fund18081.0219238.7-6.02

Most of the mutual funds and the investment companies registered a decline in their net asset value in June.

Raiffeisen Fund Money Market saw a considerable decline in its asset value over the last month. The assets of the fund shrunk by 42.52% to 2.26 mln leva. Aktiva High-yield fund's assets dropped by 33.08% to 749,000 leva.

BenchMark Fund-1 also registred a decline in assets in June. The assets of the mutual fund went down by 15.83% to 3.2 mln leva.

See the table for more details on the performance of the remaininbg 67 mutual funds and investment companies:

Mutual fund/Investment companyNAV June (in '000 leva)NAV May (in '000 leva)Change %FIB Garant607.87519.9616.91Aurora Capital-Balanced fund1424.441278.811.39KTB Balanced Fund1956.631843.666.13Raiffeisen (Bulgaria) Balanced $ Fund*9846.169310.75.75UBB Platinum Bonds3424.473259.885.05Elana Fund Money Market14772.1614351.982.93DSK Standard6659.436580.291.2TBI Eurobond11776.0811762.050.12KD Bonds Bulgaria766.01765.390.08Conservative Savings Contractual Fund 563.63563.370.05Raiffeisen (Bulgaria) Bond Fund3165.133164.30.03CCB Garant 968.73969.88-0.12Aurora Capital–Global Commodity Fund298.63299.02-0.13Elana Eurofund4760.264769.19-0.19Advance IPO Fund*13529.1813567-0.28Somoni Eurostability*714.61716.61-0.28BenchMark Fund-5 CEE435.78437.46-0.38Zagora Finacorp Balanced Fund770.64773.98-0.43TBI Treasure67.0467.37-0.48Status New Shares 10235.4810365.11-1.25Varchev Balanced Fund497.86504.47-1.31Elana Dollar Fund*1352.461377.77-1.84Invest Classic732.97748.7-2.1Zlaten Lev9301.559516.19-2.26FIB Classic1039.71065.31-2.4TBI comfort8417.428666.82-2.88Balkani580.51597.88-2.91Status Finance1548.971597.13-3.02Capman Capital13855.0914289-3.04KTB Fund Shares1313.641354.78-3.04Alfa Index Imoti1885.181946.93-3.17Somoni Stragey603.07623.7-3.31Sentinel-Principal3103.213231.31-3.96KD pelican5897.936152.32-4.13BenchMark Fund-4 Energy2126.762219.15-4.16Synergon Prestige638.69667.11-4.26CCB Active6658.546970-4.47BenchMark Fund-3 Sector Real Estates 1884.261976.23-4.65TBI Harmony12420.0813033.24-4.7Invest Active1917.782012.56-4.71CCB Leader10621.8511213.7-5.28Synergon Profit2331.862463.46-5.34Varchev High Yield Fund1799.791902.06-5.38UBB Balanced Fund9105.39633.52-5.48FIB Avangard1638.121739.22-5.81Ug Market Maximum8676.159235.07-6.05Advance eastern Europe16326.8517405.47-6.2TBI Dynamic15494.6916703.44-7.24Europe15303.7416525.01-7.39Standard Investment Balanced Fund5428.555871.55-7.54Aktiva Balanced 300.17325.2-7.7KD Equity Bulgaria4136.014494.3-7.97Somoni Progress1516.461655.51