Top mutual funds in 2009, on the Bucharest Stock Exchange
According to teh daily Business Standard, another six equity funds also enjoyed an impressive evolution, surpassing the 40 percent increase in the BET-C index. However, this index follows the evolution of all listed shares with the exception of financial investment companies (SIF), which rose on average by over 86 percent this year, and contributed the most to the performance registered by mutual funds with exposure of the Stock Exchange.
Monetary funds posted returns of 11-14 percent in the first 11 months of this year, with all five such investment funds registering better results than in the whole of 2008. Assets of monetary funds rose RON 59 mln (Euros 13.7 mln), but it was bond funds that were in the spotlight for the second month in a row.