Majority of Investment Funds with Positive Development in June

Businessn.a. ♦ Published: July 8, 2011; 20:43 ♦ (Vindobona)

June was another successful month for Austrian funds: 1,233 out of 1,628 funds showed a positive performance.

Majority of Investment Funds with Positive Development in June / Picture: © Vindobona.org

According to statistics of the Association of Austrian Investment Companies (Vereinigung Österreichischer Investmentgesellschaften, VÖIG) June was a positive month for the industry. The performance achieved was on average 3.60%. However, the figures of the previous month have not been reached. In May, the performance was 4.71%.

The strongest growth was achieved, according to…