End-April, the fund posted net assets of RON14.69 billion, up 3.1% on the month. In April 2013, the fund’s assets stood at RON14.97 billion.
Around 54.2% of Fondul Proprietatea’s assets were listed equities in April, while 42.46% non-listed equities. Net cash and receivables stood at 3.33% of the net asset value.
Fondul Proprietatea was set up in 2005 to compensate Romanians whose properties were seized during communism.
The fund has a share paid capital of RON13.17 billion lei, split into 13.17 billion shares with a face value of RON1.
At around 1:10 pm, Fondul Proprietatea traded up 0.13% at RON0.799 a share.
End-April, foreign investors held 61.2% of the fund’s shares, while residents had 30.06%. Fondul Proprietatea owns 8.71% of its own shares, which are due for cancellation. (EUR1=RON4.4349)