SIF Transilvania sold portfolio shares worth RON4.43 million in the January-June period, well below RON189.7 million in the same period of 2013.
The fund had estimated it would collect RON40 million from stock sales during the period.
Overall costs fell to RON10.8 million, from RON52 million in the first half of 2013.
The fund’s net profit declined significantly to RON8.5 million, from RON140.3 million a year earlier. The figure is unchanged from a monthly report published in July.
End-June, SIF Transilvania reported assets worth RON1.15 billion, up from RON1.07 billion in December last year.
SIF Transilvania’s shares closed down 2.05% at RON0.31, valuing the fund at RON677 million. (EUR1=RON4.4372)