A total of six Bulgarian mutual funds provided more than 20% return in the last 12 months, data of the Bulgarian Association of Asset Management Companies (BAAMC) and Profit.bg show.
Ug Market Maximum topped the ranking with a 39.16% return, followed by Capman Capital (27.8%) and Capman Max (23.61%).
TBI Dynamic and TBI Harmony, two of the collective investment schemes of TBI Asset Management, occupied the number four and five spots, respectively. Elana Balanced $ Fund ranked sixth with 20.13% return for the last 12 months.
Elana High Yield Fund (18.85%), Elana Balanced Euro Fund (18.06%), BenchMark Fund-1 and Advance Eastern Europe rounded out the top ten.
Mutual funds TBI Comfort, Alfa Index Imoti, UBB Premium Equity Fund, KD Bonds Bulgaria and UBB Balanced Fund provided over 10% return for the period.
Further fifteen collective investment schemes provided positive return in the last 12 months, while 11 others had a negative return in the period.
|1||Ug Market Maximum||39.16%|
|6||Elana Balanced $ Fund||20.13%|
|7||Elana High Yield Fund||18.85%|
|8||Elana Balanced Euro Fund||18.06%|
|10||Advance Eastern Europe||14.70%|