At the end of September the SIFs had a cumulated net asset value of RON6.501 billion, while in the beginning of the year the overall value of assets reached RON6.979 billion.
SIF Transilvania (SIF3.RO) ranked first among the funds, in terms of profitability. The fund registered earnings of RON5.4 million in October, bringing its annual profit to RON124.4 million.
SIF Transilvania net assets dropped 6% on the month and 16% since the beginning of the year, to RON1.258 billion.
SIF Moldova (SIF2.RO) ranked second in terms of profit. The fund’s earnings of RON18.2 million in October and RON89.7 million since the beginning of the year.
The fund’s net assets declined 4.7% on the month and 10% since the beginning of the year, to RON1.03 billion.
SIF Oltenia (SIF5.RO) posted a loss of RON1 million in October, and its annual profit reached RON65.8 million.
At the same time, the SIF’s net assets shrank by 6% on the month and 6% since the beginning of the year, to RON1.457 billion.
SIF Banat-Crisana (SIF1.RO) posted a net profit of RON1.8 million in October, increasing its annual earnings to RON22.4 million.
The fund’s net assets narrowed by 4% in October and 9% since the beginning of the year, to RON1.234 billion.
SIF Muntenia (SIF4.RO) registered a loss of RON9.5 million in October, and its annual profit now stands at RON3.7 million.
SIF Muntenia net assets declined by 6% on the month and 16% since the beginning of the year, to RON1.192 billion. (EUR1=RON4.3565)