It said investors withdrew in May a part of the money they invested in emerging markets, anticipating the Fed will reduce the program aimed at stimulating the U.S. economy.
End-May, foreign investors’ cumulated stake in Fondul Proprietatea stood at 56.61%, down from 56.68% in April, the fund also said.
Investors’ holdings last fell In April 2012, from 46.87% to 46.28%.
The fund reported a total number of shareholders of 8,223 at the end of May, down from 8,238 in the previous month.
Fondul Proprietatea was set up in 2005 to compensate Romanians whose properties were seized during communism.
On the Bucharest Bourse Monday, Fondul Proprietatea closed up 0.71% at RON0.6395 a share.