At the end of April, SIF Transilvania ranked third, with a net profit of RON22.4 million.
SIF Transilvania’s net assets reached RON1.05 billion at the end of May, 13.6% lower on the month.
With a net profit of RON84.3 million, SIF Oltenia (SIF5.RO) ranked second by profit after the first five months of 2013. The fund reported a net asset of RON1.46 billion at the end of May, 1.8% higher on the month.
SIF Moldova (SIF3.RO) placed third with a net profit of RON78.66 million, followed by SIF Muntenia (SIF4.RO) with RON33.3 million. SIF Moldova posted a net asset of RON1.12 billion in May, while the net asset value of SIF Muntenia reached RON1.07 billion.
The fifth and last regional fund, SIF Banat-Crisana (SIF1.RO) reported a net profit of RON26.8 million in the January-May period, well above RON14.4 million in the previous month. The fund’s net asset rose 5% on the month to RON1.46 billion.
The five SIFs registered aggregate assets of RON6.17 billion in May, down 2% from RON6.3 billion in April. (EUR1=RON4.483)