SIF Transilvania’s net assets reached RON1.02 billion at the end of July, 1.1% higher on the month.
With a net profit of RON98.7 million, SIF Oltenia (SIF5.RO) ranked second by profit after the first seven months of 2013. The fund reported a net asset of RON1.57 billion at the end of July, up 3.8% from the previous month.
SIF Moldova (SIF3.RO) placed third with a net profit of RON97.2 million, followed by SIF Muntenia (SIF4.RO) with RON51 million. SIF Moldova posted a net asset of RON1.12 billion in July, while the net asset value of SIF Muntenia reached RON1.023 billion.
The fifth and last regional fund, SIF Banat-Crisana (SIF1.RO) reported a net profit of RON32 million in the January-July period. The fund’s net asset rose 5% on the month to RON1.46 billion.
The five SIFs registered aggregate assets of RON6.13 billion in July, up 3.2% from RON5.94 billion in June. (EUR1=RON4.4537)