Assets increased 221.7% year-to-date, 84.85% in second quarter.
Ug Market Maximum has invested 72.15% of assets in stock. The shares of HD Patishta and Chimimport account for 10.86% and 5.94% of the company's portfolio, respectively. The shares of Euroins and Monbat represent 4.78% and 4.04% of the portfolio.
Ug Market Maximum took part in the IPOs of Corporate Commercial Bank and First Investment Bank.
5.92% of assets was ivested in bonds, and 9.08% and 8.17% in current accounts and in deposit accounts, respectively.
„I expect UG Market Fund Management's assets to reach 5 mln leva (approximately 2.557 mln euros) till the end of the year, not including assets of the balanced mutual fund we are about to launch at the end of the summer,“ said Geno Tonev, Ug Market Maximum portfolio manager.
The fund is a risk-taking one, and its return year-to-date stands at 45.18%.