In the first nine months of 2012, the fund posted net profit of RON195.8 million.
The fund’s net asset slid 7.27% to RON1.06 billion at the end of September, from RON1.14 billion in December 2012.
SIF Transilvania was the most profitable Romanian investment fund after the first nine months of 2013. Peer fund SIF Oltenia (SIF5.RO) placed a distant second with a net profit of RON117.8 million, more than double from RON53.2 million reported in January-September last year.
SIF Oltenia had net assets worth RON1.52 billion at the end of September, up 6.2% from RON1.43 billion in the last month of 2012.
SIF Muntenia (SIF4.RO) and SIF Moldova (SIF2.RO) ranked next with a net profit of RON100 million and RON99.1 million, respectively. SIF Muntenia’s profit rose 47% on the year in January through September, but SIF Moldova’s profit was down 24%.
The fifth and last regional fund, SIF Banat-Crișana (SIF1.RO), reported a net profit of RON36.2 million in the January-September period, sharply down from RON98 million a year earlier. The fund’s net asset rose to RON1.55 billion, up 18% from the end of last year.