Investment Funds with Negative Performance in August

Business › n.a. ♦ Published: September 9, 2011; 21:20 ♦ (Vindobona)

The average one-year performance was -1.36%. Only 675 out of 1,615 funds showed a positive performance.

Investment Funds with Negative Performance in August / Picture: © Vindobona.org

According to statistics of the Association of Austrian Investment Companies (Vereinigung Österreichischer Investmentgesellschaften, VÖIG), August was a disappointing month for the industry. The performance achieved was on average -1.36%. Out of the 1,615 funds which had been on the market for at least a year only 675 achieved a plus. 933 showed a negative one-year performance at the…

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