Monthly Performance Review of Publicly Offered CII in Ukraine. May 2018

14 June 2018

After eight months of growth, in May Ukrainian stock market indexes closed down with declining performance: the UX index dropped by -6.13%, the PFTS index - by 4.85%.

All sectors of public investment institutions (CII) completed the month with the following indicators: sector of closed-end funds became the leader by rates of return “since the beginning of the year” +13.11% (-5.98% for the month), sector of open-ended CII was the second one +4.80% (-1.60% for the month), and interval CII were in the third place -0.97% (-6.58% for the month).


OPEN- ENDED FUNDS

According to UAIB data, the value of net assets of 16 open-ended CII as at 31.05.2018 amounted to UAH 82.50 mln. According to indicators as at the end of May, the total reduction of the NAV amounted to –UAH 1,773.16 thsd. (-2.10%).

Rates of return of open-ended CII ranged from +4.61% to -24.15%.

According to the results of May, the leaders of growth in the sector were:

"OTP Fond Aktsii" (+ UAH 95.86 thsd. (+0.70%)) received a net inflow of +UAH 164.84 thsd. due to the positive revaluation of portfolio components and additional placement of certificates (+1.40% in circulation);

"UNIVER.UA Yaroslav Mudryi: Fond Aktsii" (+UAH 137.27 thsd. (+12.66%)) - due to attraction of investors' assets (+7.70% in circulation) and investment portfolio’s growth, the fund received UAH 86.63 thsd. of net inflow;

"UNIVER.UA/Volodymyr Velykyi: Fond Zbalansovanyi" (+UAH 114.97 thsd. (+8.19%)) - similarly, due to the growth of NAV and attraction of assets (+5.36% in circulation) received “net” UAH 76.82 thsd.

The largest payments to investors in May were made by the following funds:

"KINTO-Klasychnyi" (-UAH 395.92 thsd. (-1,32%)) - the redemption of 68 investment certificates from the fund's members resulted in a capital outflow of – UAH 41.08 thsd.;

"VSI" (-UAH 44.00 thsd. (-2,71%)) - due to presentation for redemption of 28 investment certificates, the fund experienced a net outflow of –UAH 35.98 thsd.

The first place among the open-ended CII in terms of market share was taken by "KINTO-Klasychnyi" fund (35.80% of aggregate NAV (UAH 29.53 mln.)), the second one was the fund “OTP Fond Aktsii” (16.70% (UAH 12.77 mln.)), The third place was taken by the fund "UNIVER.UA/Mykhaylo Hrushevskyi: Fond Derzhavnykh Paperiv" (7.77% (UAH 6.41 mln.)). The fourth place was fixed by the fund “Sofiivskyi” (6.88% (UAH 5.67 mln.)), the “KINTO-Ekviti” Fund (6.84% (UAH 5.64 mln.)) completed the top five sector’s leaders.

The highest rates of return were demonstrated by the following funds:

“UNIVER.UA/Yaroslav Mudryi: Fond Aktsii” (+4.61%), “UNIVER.UA/Volodymyr Velykyi: Fond Zbalansovanyi” (+2.69%) and “OTP Klasychnyi” (+1.26%).

The worst indicators of changes in the value of their securities in May were found in funds: “Sofiivskyi” (-24.15%), “Nadbannia” (-6.00%) and ”KINTO-Ekviti” (-2.02%).


INTERVAL FUNDS

In May, the survey included 3 interval CII, whose net assets, according to UAIB, amounted to UAH 3.29 mln. Compared with the indicators of this sector as at the end of the previous month, the total NAV of funds decreased by –UAH 183.52 thsd. (-5.28%).

In May, no interval fund was able to raise funds from investors.

All sector’s funds recorded a decrease in NAV, namely:

“TASK Ukrainskyi Kapital” (-UAH 101.55 thsd. (-6.38%)), “Parytet” (-UAH 43.41 thsd. (-2.86%)) and “Optimum” (-UAH 38.57 thsd. (-.50%)) - the negative change in NAV occurred due to reduction of value of investment portfolios’ components.

Interval funds completed the month with a decrease in the value of their securities: “Optimum”

(-10.20%), “TASK Ukrainskyi Kapital” (-6.38%) and “Parytet” (-2.86%).


CLOSED-END FUNDS

The net asset value of 2 closed-end CII included in May survey, at the end of the month amounted to UAH 12.97 mln. According to the provided indicators, the total NAV of these funds decreased by -UAH 787.32thsd. (-5.72%).

According to the results of May, the Fund "Indeks Ukrainskoi Birzhi" (-UAH 736.69 thsd.

(-5.82%)) became the leader in attracting of investors’assets- due to additional placement of securities (+1.64% in circulation) the fund received +UAH 166.37 thsd. of net inflow.

Yield in the sector on the basis of the month’s results was as follows: "Indeks Ukrainskoi Birzhi" (-7.34%) and "TASK Universal" (-4.63%).

Open-ended funds' NAV in 08.2025 - 08.2026

Open-ended funds' NAV at end of August 2026

Fund nameNAV, UAHNumber of investment certificates/shares in circulationNAV per IC/share, UAHIC/share Face Value, UAHAMC name
VIDKRITIY SPECIALIZOVANIY PAYOVIY INVESTICIYNIY FOND "VSI"1 806 382.158042 246.741 000.00TOV "KUA "Vsesvit"
PIF "Sofijivskiy"2 978 936.202 5561 165.461 000.00TOV "KUA "Iveks Esset Menedzhment"
VSPIF "OTP Fond Akciy"12 232 371.695 278 0592.311.00TOV "KUA "OTP Kapital"
VDPIF "KINTO-Kaznacheyskiy"15 550 401.2513 9791 112.41100.00PrAT "KINTO"
VSPIF UNIVER UA Mihaylo Grushevskiy" Fond Derzhavnih Paperiv49 634 011.614 19811 823.251 000.00TOV "KUA "Univer Menedzhment"
VSPIF UNIVER UA Taras Shevchenko" Fond Zaoshchadzhen7 930 984.571 0787 357.121 000.00TOV "KUA "Univer Menedzhment"
VSPIF ""OTP Klasichniy""94 132 692.059 9199 490.141 000.00TOV "KUA "OTP Kapital"
VSPIF "UNIVER UA Yaroslav Mudriy" Fond Akciy"11 097 995.228 3261 332.931 000.00TOV "KUA "Univer Menedzhment"
VDPIF "KINTO-Klasichniy" PrAT "KINTO"39 567 09643 816903.02100.00PrAT "KINTO"
VDPIF "Altus-zbalansovaniy"5 580 522.496438 678.871 000.00TOV "KUA "ALTUS ASSETS AKTIVITIS"
VDPIF "Altus-Depozit"7 412 615.721 2545 911.181 000.00TOV "KUA "ALTUS ASSETS AKTIVITIS"
VSPIF "NADBANNYa" TOV "KUA "ART-KAPITAL MENEDZhMENT"1 282 481.5014 07091.15100.00TOV "KUA "ART-KAPITAL MENEDZhMENT"
VDPIF "TASK Resurs"1 030 426.629531 081.241 000.00TOV "KUA "TASK-INVEST"
PIF KINTO-Ekviti PrAT "KINTO"3 261 727.853 0591 066.271 000.00PrAT "KINTO"

Open-ended funds' NAV dynamics in 08.2025 - 08.2026

Rate of Return in August 2026