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Austrian Investment Funds Report Generally Positive Performance in May
Austrian investment funds recorded a mostly positive y/y performance at the end of May. Of the 1,604 funds operating on the market for at least one year, 1,338 showed a positive performance, while 262 of them saw a y/y negative performance. Four funds saw no change of the asset volume.
Austrian Investment Funds Report Generally Positive Performance in May / Picture: © Vereinigung Österreichischer Investmentgesellschaften (VÖIG)
Compared to the preceding month most funds managed a performance jump.
The average one-year performance as of the end of May totalled 4.17 percent (end of April: 2.86 percent), it follows from updated data of the Association of Austrian Investment Companies (Vereinigung Österreichischer Investmentgesellschaften (VÖIG)).
The best one-year performance (40.33 percent) was…
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