In the second quarter of 2023, the number of individual shareholders of mutual funds (UIF) in Russia increased by 420,000 to more than 9 million. Such data given In the report of the Central Bank of Russia.
According to the regulator, net fund inflows to mutual funds in this quarter increased by one third compared to the first quarter, amounting to 242.2 billion rubles. Most of the inflow (194.3 billion rubles or 80%) came from closed mutual funds.
The Central Bank notes an increase in the population’s demand for retail mutual funds. The popularity of mutual funds among individuals is associated with the funds’ high rates of return in recent quarters, as well as the expansion in the supply of investment products.
The weighted average return of open mutual funds was 10.6% annually in the second quarter, and 23.9% annual return of closed mutual funds, well above the inflation rate.
Thus, despite the economic uncertainty, mutual funds continue to attract funds from the public with high rates of return. At the same time, the number of individual investors in the stock market is also increasing.
Analyst at the beginning of August saidWhat instruments to look for after registrations on the Moscow Stock Exchange.
How many Russians were known before invested entered the stock market.