Monthly Performance Review of Publicly Offered CII in Ukraine. August 2019

12 September 2019

Ukrainian stock exchanges closed in the red zone, UX index decreased by 4.01%, and PFTS index by 2.48%.

By the rate of return for a month, the sectors of CII with public issue had the following breakdown of the results (YTD): open-ended funds got the first place +0.37% (+0.30% for the month)), closed-end funds took second place -7.35% (-1.05% for the month), interval funds were the third -14.35% (+6.07% for the month).


OPEN-ENDED FUNDS

According to the UAIB, the value of the net assets (NAV) of 17 open-ended CII as at August 30, 2019 amounted to UAH 85,71M. According to the data provided at the end of August, the total decrease of net assets amounted toUAH 391.11k (-0.47%).

The vast majority of the sector's funds completed the month with an increase in investment and only five recorded a decrease. The scope for rates of return of open-ended funds ranged from +2.82% to -3.71%.

According to the results of August, the following funds were the leaders of growth in the sector of open-ended CII:

«OTP Klasychnyi» (+UAH415.22k (+7.52%)) - due to a positive revaluation of the components of the portfolio and due to the additional placement of certificates (+5.90% in circulation), a net inflow of UAH 330.30k was obtained;

"VSI" (+UAH177.49k (+11.99%)) - due to attracting investors' funds (+11.60% in circulation) and growth of the investment portfolio, the fund received UAH 171.63k net inflow;

«KINTO-Kaznacheiskyi» (+UAH89.12k (+3.41%)) - due to a positive revaluation of the components of the portfolio and due to the additional placement of certificates (+0.57% in circulation), a net inflow of UAH 15.27k was obtained;

The following funds made the biggest payments to investors in August:

«KINTO-Klasychnyi» (-UAH 664.22k (-2.14%)) the largest net outflow in the sector, which is associated with the redemption of certificates from investors (-2.25% in circulation), led to a net capital outflow of UAH 696.11k;

«OTP Fond Aktsii» (-UAH 450.80k (-3.82%)) - the redemption from the fund investors a large number of investment certificates (-4.49% in circulation) resulted in a net capital outflow of UAH 532.71k;

«UNIVER.UA/Iaroslav Mudryi: Fond Aktsii» (-UAH 33.95k (-3.20%)) - similarly, investors' filing for redemption of 26 certificates resulted in losses of the fund of UAH 20.55k.

The list of key players in the sector in August was as follows: «KINTO-Klasychnyi» (35.40% of the total NAV (UAH 30.34M)) took the first place among the open-end CII in terms of market share, the second one was the «OTP Fond Aktsii» (13.25% (UAH 11.36M), the third got the fund «UNIVER.UA/Myhailo Grushevskyi: Fond Derzhavnyh Paperiv» (8.78% (UAH 7.52M)). Fourth place was taken by the fund «OTP Klasychnyi» (6.93% (UAH 5.94M)), the fund «KINTO-Ekviti» (6.23% (UAH 5.34M)) closes the top five.

The following funds were among the leaders in terms of rate of return:

«KINTO-Kaznacheiskyi» (+2.82%), «Nadbannia»(+1.95%), «OTP Klasychnyi»(+1.53%).

The worst indicators in July were demonstrated by funds: «ТАSK Resurs» (-3.71%), «UNIVER.UA/Iaroslav Mudryi: Fond Aktsii» (-1.28%),«UNIVER.UA/Volodymyr Velykyi: Fond Zbalansovanyi» (-0.86%).


INTERVAL FUNDS

In August, the review included 3 interval CII, whose net assets, according to UAIB, amounted to UAH 2.67M. Compared to the indicators of this sector at the end of the previous month, the total NAV increased by UAH 82.73k (+3.20%).

All funds in the sector experienced an increase in NAV as a result of positive revaluation of

components of investment portfolios, no net capital flows were recorded.

In August, based on the rate of return, funds in the sector had the following breakdown of

the results: «Optimum» (+13.04%), «TASK UKRAINSKYI KAPITAL» (+3.98%) and «PARYTET» (+1.20%).


CLOSED-END FUNDS

The net asset value of 2 closed-end CII included in August review, at the end of the month amounted to UAH 12.54M. According to the provided data,due to negative revaluation of investment portfolios the total NAV of these funds decreased by UAH 113.71k (-0,90%).

In August, based on the rates of return, funds in the sector had the following breakdown of the results: «TASK Universal» (-1.22%) and «Indeks Ukrainskoi Birzhi» (-0.87%).

Open-ended funds' NAV in 09.2019 - 09.2020

Open-ended funds' NAV at end of September 2020

Fund nameNAV, UAHNumber of investment certificates/shares in circulationNAV per IC/share, UAHIC/share Face Value, UAHAMC name
VSPIF "OTP Fond AkcIy"5 432 733.784 200 2831.291.00TOV "KUA "OTP KapItal"
VSPIF "NADBANNYa" TOV "KUA "ART-KAPITAL MENEDZhMENT"871 098.077 931109.83100.00TOV "KUA "ART-KAPITAL MENEDZhMENT"
PIF "Sofijivskiy"5 044 047.543 5641 415.271 000.00TOV "KUA "Iveks Esset Menedzhment"
VDPIF "KINTO-Kaznacheyskiy" PrAT "KINTO"3 654 090.1713 023280.58100.00PrAT "KINTO"
VDPIF "TASK Resurs"1 035 472.779531 086.541 000.00TOV "KUA "TASK-INVEST"
VDPIF"Altus-zbalansovaniy"3 695 519.896755 474.841 000.00"Altus assets aktivitis" TOV KUA
VDPIF "UNIVER UA Volodimir Velikiy Fond Zbalansovaniy"1 500 338.115372 793.921 000.00TOV "KUA "UnIver Menedzhment"
VDPIF "Altus-Depozit"4 732 346.201 2563 767.791 000.00"Altus assets aktivitis" TOV KUA
VIdkritiy specIalIzovaniy payoviy InvesticIyniy fond "VSI"2 031 121.721 4531 397.881 000.00TOV "KUA "VsesvIt"
VSPIF "UNIVER UA Yaroslav Mudriy Fond AkcIy"5 866 031.537 396793.131 000.00TOV "KUA "UnIver Menedzhment"
VSPIF "UNIVER UA Taras Shevchenko Fond Zaoshchadzhen"1 350 201.583663 689.071 000.00TOV "KUA "UnIver Menedzhment"
VSPIF "UNIVER UA Mihaylo Grushevskiy Fond Derzhavnih PaperIv"7 880 952.751 8554 248.491 000.00TOV "KUA "UnIver Menedzhment"
VDPIF "KINTO-Klasichniy" PrAT "KINTO"29 636 540.5445 989644.42100.00PrAT "KINTO"
PIF KINTO-EkvItI PrAT "KINTO"4 545 533.083 6701 238.561 000.00PrAT "KINTO"
VSPIF ''OTP Klasichniy''22 678 417.375 1384 413.861 000.00TOV "KUA "OTP KapItal"

Open-ended funds' NAV dynamics in 09.2019 - 09.2020

Rate of Return in September 2020