In the timeframe analyzed, revenue dropped 13% on the year, to RON74.3 million, while expenditure inched up 0.04% to RON57.4 million.
The fund’s asset value narrowed by 3.9% in September, to RON1.267 billion, from RON1.296 billion. Compared to the beginning of the year, the asset value was 10.2% lower at the end of September.
SIF Muntenia shares closed up 0.36% Monday, to RON0.55. (EUR1=RON4.3448)