The fact that the volume of funds collected in individual mutual funds in February 2023 is almost equal to the amount of funds withdrawn indicates that shareholders are gradually returning to the collective investment market. In this respect writer “Kommersant” referring to Investfunds data.
According to Investfunds, net outflow from open-ended and exchange-traded mutual funds last month amounted to only 100 million rubles. The main outflow of funds occurred at the expense of open funds, the net withdrawal from them amounted to 0.63 billion rubles, which is more than three times compared to a month ago. At the same time, 0.53 billion rubles were invested in exchange-traded funds, which half compensated the January exit.
Market experts agree that the main idea affecting investors’ behavior in the short term is rising prices against the backdrop of low rates. When this does not happen, investors lose patience and withdraw their funds. However, with rates rising in the debt market, private investors began to be wary of investing in higher yielding money market funds.
According to market participants, there is now an increase in funds in riskier stocks and mixed funds. The shareholders especially do not want to miss the potential growth in the Russian market. Therefore, we can expect some growth in the collective investment market in the coming months.
At the end of September according to the InvestFunds portal for July, August and September recognizedIn the third quarter of 2022, Asset Management Company reported that Pervaya’s clients preferred the most revenue-generating funds. In second place is the Income Paying Bond Fund.