During the August 5-12 week, when the main index of the Bucharest Stock Exchange, BET, lost 5% and SIFs became 11% cheaper despite the massive stock sales, mutual funds lost 536 investors out of a total number of 236,990 and ended the most dramatic week of the year with 236,454 investors.
Surprisingly, the steepest declines in the number of investors were reported by currency funds, low-risk investment vehicles, with no investments on the bourse, but only in deposits and T-bills.
Equity funds witnessed investor withdrawals, but at low levels.