Slovak investors losing faith in mutual funds

In October, the influx of finances invested in open-end mutual funds dropped to their lowest levels this year. Volatile development on global equity markets was behind these results, the National Bank of Slovakia (NBS) stated.

Slovak investors showed further distrust in mutual funds, with the exception of relatively safe money market funds. The net value of assets in open-end mutual funds in Slovakia denominated in Slovak crowns decreased for the first time this year to Sk132.1 billion. Monthly net sales reached roughly Sk700 million. Funds denominated in foreign currencies reported slightly negative net sales.

As usual, money market funds posted the biggest monthly net sales in October. Special funds, real estate and secured funds posted net sales of about Sk100 million. On the other hand, bond funds, equity and mixed funds continued posting negative net sales of roughly Sk500 million. Net sales of all categories of open-end mutual funds in Slovakia denominated in Slovak crown as well as in foreign currencies amounted to about Sk700 million. SITA

Compiled by Zuzana Vilikovská from press reports

The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Marian Kočner

Kuciak murder trial goes back to court. Supreme Court accepted the prosecutor’s appeal

The Specialised Criminal Court will deal with the case again and consider newly-proposed evidence.


1 h
Slovak team

Slovak team surprised to beat favoured Poland in the first match

Leader of the Slovak football representation put on a world class performance.


44m
Sputnik V vaccination in Slovakia

Foreigners without Slovak public health insurance can now register for a Covid jab

On June 14 the ministry expanded the group of people entitled for vaccination.


14. jún

President Čaputová met with Biden, he appreciated Slovakia’s progress

According to Čaputová, the partnership of countries in NATO is strong and based on the values ​​of democracy, the rule of law and respect for human rights.


8 h