The fund reported net assets of RON16.03 billion, up 5.9% from RON15.14 billion at the end of January.
Around 39.9% of Fondul Proprietatea’s assets were listed equities, while 57.1% non-listed equities. Net cash and receivables stood at 3.05% 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 capital of RON13.77 billion lei, split into 13.77 billion shares with a face value of RON1.
End-February, foreign investors held 54.23% of the fund’s shares, while residents had 41.34%. Fondul Proprietatea owns 1.74% of its own shares due for cancellation.
The fund’s shares rose by some 16% in February. Wednesday, Fondul Proprietatea closed up 1.05% at RON0.576 a share. (EUR1=RON4.3422)