The fund reported net assets of RON15.67 billion, up 1% from RON15.52 billion at the end of April.
Around 34.1% of Fondul Proprietatea’s assets were listed equities, while 62.14% non-listed equities. Net cash and receivables stood at 3.77% 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-May, foreign investors held 55.72% of the fund’s shares, while residents had 39.88%. Fondul Proprietatea owns 1.74% of its own shares due for cancellation.
Friday, Fondul Proprietatea closed up 1.04% at RON0.485 a share. (EUR1=RON4.4576)