SIF Oltenia registered profit of RON12.4 million in April. The fund’s net assets dropped 7.3% in April to RON1.436 billion from about RON1.55 billion in March.
With a net profit of RON35.1 million, SIF Moldova (SIF2.RO) ranked second by profit after the first four months of 2013. It registered profit of RON15 million in April.
SIF Moldova’s net assets fell 5.37% on the month to RON1.177 billion.
SIF Transilvania (SIF3.RO) placed third with profit of RON27.6 million, followed by SIF Muntenia (SIF4.RO) with RON19.2 million. SIF Transilvania posted a net asset of RON1.216 billion in April, and the net asset of SIF Muntenia fell 8.3% to RON1.083 billion.
The fifth and last regional fund, SIF Crisana-Banat (SIF1.RO) reported a net profit of RON14.4 million after the first four months. The fund’s net asset fell 1.63% in April to RON1.39 billion.
The five SIFs registered aggregate assets of RON6.304 billion in April, down 5.24% from RON6.65 billion in March. (EUR1=RON4.3344)