End March, the five SIFs posted combined assets of RON6.9 billion.
SIF Moldova (SIF2.RO) reported the largest decline in assets in April. The fund’s assets fell 8.7% to RON1.09 billion, from RON1.2 billion the month before. The fund posted net profit of RON27.1 million at the end of April.
SIF Oltenia (SIF5.RO) posted a 4.9% decrease in its assets to RON1.56 billion, from RON1.65 billion in March. The fund reported a net profit of RON0.6 million in January through April.
SIF Banat-Crisana (SIF1.RO) reported a decline of 0.6% in its assets to RON1.35 billion, from RON1.36 billion in March. Net profit for the January-April period stood at RON83.7 million.
SIF Transilvania (SIF3.RO) said net assets inched up 0.8% on the month to RON1.43 billion in April. The fund’s profit stood at RON92.3 million after the first four months.
The last of the five regional funds, SIF Muntenia (SIF4.RO), had assets worth RON1.3 billion at the end of April, up 2.7% on the month. The fund’s profit was RON54.1 million. (EUR1=RON4.4411)