The Bulgarian Association of Asset Management Companies (BAAMC) shows. Ug Market Maximum's standard deviation stood at 19.66%. The return of the mutual fund since its intitial public offering of units on September 18, 2006 stands at 82.25%.
Capman's collective investment schemes Capman Max and Capman Capital ranked second and third, respectively, in terms of return for the last 12 months. Capman Max's return amounted to 41.9% for the period, while Capman Capital provided 38.5% return.
The standard deviation of the two collective investment schemes stood at 21.48% and 17.81%, respectively. Capman Max has provided 78.55% return since January 5, 2006 when the initial public offering of units in the fund started. Units in Capman Capital were initially offered on September 28, 2004. The return of the collective investment scheme amounts to 44,75% for this period of over three years.
TBI's TBI Dynamic mutual fund occupies the number four spot in BAAMC's ranking with a 37.49-percent return for the last 12 months. The standard deviation of the fund stands at 17.49%, while the return since the initial public offering of its units on September 7, 2005 amounts to 30.72%.
Elana's ELANA Balanced $ Fund rounds out the top five with 32.91% return for the last 12 months. The standard deviation of the fund stands at 10.39%. The fund has provided 30.96% return since its initial public offering on March 6, 2006.
Karoll's Advance Eastern Europe and Balkan Capital management's Europe mutual funds provided -1.43% and -3.95% return, respectively, for the last 12 months. The two funds invest in foreign stocks.
Advance Eastern Europe's standard deviation stood at 15.46%, while Europe's was 13.68%. The two funds provided 9.75% and 16.54% return, respectively, since their initial public offering of units.
You can find comprehensive information on the return of the mutual funds for the last 12 months and for the period January-February 2008 in the table below:
|Fund||Return - last 12m||Return Jan-Feb|
|Ug Market Maximum||51,19%||-13,20%|
|Elana Balanced $ Fund||32,91%||-5,03%|
|Elana High Yield Fund||31,72%||-6,37%|
|Elana Balanced $ Fund||28,37%||-4,89%|
|UBB Premium Equity Fund||24,39%||-14,24%|
|Alpha Index Imoti||21,64%||-3,19%|
|UBB Balanced Fund||15,49%||-7,60%|
|Varchev High Yield Fund||15,32%||-9,70%|
|KD Equity Bulgaria||14,94%||-18,30%|
|KD Bonds Bulgaria||11,98%||-1,47%|
|SI High Yield Fund||9,87%||-17,37%|
|Status New Shares||9,59%||-12,32%|
|SI Balanced Fund||8,23%||-14,29%|
|Raiffeisen Balanced Fund||6,74%||-10,04%|
|Alpha Index Top 20||6,48%||-18,43%|
|UBB Platinum Bonds||5,57%||0,67%|
|Raiffeisen Bond Fund||4,77%||0,93%|
|Raiffeisen Money Market Fund||4,10%||0,52%|
|Raiffeisen Equity Fund||2,33%||-14,75%|
|Advance Eastern Europe||-1,43%||-14,06%|