Most Austrian Investment Funds Report Positive Results

Businessn.a. ♦ Published: September 9, 2014; 16:15 ♦ (Vindobona)

In August Austrian investment funds improved their performance y/y, with most funds posting a positive result. Of the 1,599 funds operating on the market for at least one year some 1,522 reported a positive performance and only 77 reported a negative performance.

Investment Funds Report Positive Results / Picture: © Vindobona.org

Of the 1,599 funds operating on the market for at least one year some 1,522 reported a positive performance and only 77 reported a negative performance, it follows from data of the Austrian Investment Companies Association (VÖIG) for August.

The mean one-year performance was 9.03 percent for the sector (not taking into account the fund volume or the fund…