Investment funds, in the best days - AMF: The number of members increases by 11.8%. The net value of the assets reaches 55 billion ALL
The number of members in investment funds has increased by 11.8% compared to last year. Specifically, until September of this year, there are 36 thousand members in investment funds.
In a span of 6 years, the biggest increase was recorded in 2021, where a record figure of 38 thousand members was reached in nine months. The investment market has had a good performance in the first nine months, however it remains to be seen from the figures of the last months whether this year will break the record of 2021.
From the statistics of the Financial Supervision Authority, it appears that the net value of market assets reached about 55.83 billion ALL or (565 million euros) with an increase of 5.5 billion ALL or 11.03%, compared to 2023.
The market of investment funds with open participation with public offering was mainly dominated by investments in government securities (treasury bonds and bonds), which make up 83.37%, while 6.01% are investments in international financial markets.
16 investment funds operate in our country, which are managed by only 6 companies. The data show that a new investment fund was added this year. Tier two banks and insurance companies are the companies that manage most of these funds.
A higher number of funds in relation to the number of management companies indicates that a company owns more than one investment fund. This is especially valid in the case of banks.
Mutual funds are considered to have a low risk profile in terms of investing money and usually operate through the purchase of units by individuals who want to be part of them.
Citizens who do not have enough knowledge about how to invest individually in treasury bills and bonds or do not want to be directly involved in this process, usually turn to investment funds, which invest their clients' money in government securities and guarantee a sure profit return.
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