Monthly Performance Review of Publicly Offered CII in Ukraine. June 2021

13 August 2021

According to the results of the month, the UX index increased by 1.42%, and the PFTS index increased by 0.48%.

 

By the rate of return, sectors of CII with public issue had the following breakdown of the results: open-ended funds (+4.49% ), closed-endl CII (+3.13%), interval funds were in third place (-0.33%).

 

OPEN-ENDED FUNDS

According to the UAIB, the value of the net assets (NAV) of 16 open-ended CII as at 30 June 2021 amounted to UAH 170.40M. According to the data provided at the end of June, the total decrease of net assets amounted to UAH 9,995.26k (-1.73%). Due to significant payments to investors, net capital in the sector decreased by UAH -3,431.90k.

The scope for rates of return of open-ended CII ranged from +3.60% to -3.55%.

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

“OTP Fond Aktsii”  (+UAH 875.94k (+6.56%)) – additional placement of certificates (+6.46% in circulation) allowed the fund to receive a net inflow in the amount of +UAH 862.29k;

KINTO-Kaznacheiskyi” (-UAH 110.06k (-2.37%)) – despite the negative revaluation of the components of the investment portfolio, the additional placement of 55 certificates (+0.36% in circulation) allowed the fund to receive net inflow in the amount +UAH 16.70k.

The largest decrease in NAV was recorded by the following funds:

“OTP Klasychnyi”  (-UAH 3,737.71k (-4.75%)) – redemption of a significant number of certificates from investors (-5.39% in circulation) led to the largest net outflow of capital in the sector in the amount of UAH 4,259.72k;

“KINTO-Ekviti” (-UAH 91.21k (-1.74%)) – net outflow amounted to UAH 29.84k due to the redemption of a small amount (-0.57% in circulation) of investment certificates;

“Argentum” (-UAH 66.92k (-4.41%)) – same, the presentation of 20 certificates for redemption led to an outflow of net capital in the amount of UAH 13.26k.

OTP Klasychnyi” (44.00% of the total NAV (UAH 74.97M)) took the first place among the open-ended CII in terms of market share, the second one was the “KINTO-Klasychnyi” (19.06% of total NAV (UAH 32.467)), the third got the fund “OTP Fond Aktsii” (8.35% (UAH 14.23M). Fourth place was taken by the fund “UNIVER.UA/Iaroslav Mudryi: Fond Aktsii(5.11% (UAH 8.70M), the fund “UNIVER.UA/Myhailo Hrushevskyi: Fond Derzhavnykh Paperiv” (4.91% (UAH 8.37M)) closes the top five.

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

Sofiivskyi”(+3.60%), “UNIVER.UA/Myhailo Hrushevskyi: Fond Derzhavnykh Paperiv” (+0.71%) and OTP Klasychnyi” (+0.68%).

The worst indicators in June were demonstrated by funds:  

“Argentum” (-3.55%), ”KINTO-Kaznacheiskyi” (-2.72%) and “UNIVER.UA/Volodymyr Velykyi: Fond Zbalansovanyi” (-1.35%).

 

INTERVAL FUNDS

In June, the review included 1 interval CII, whose net assets, according to UAIB, amounted to UAH 838.93k.


CLOSED-END FUNDS

The net asset value of 3 closed-end CII included in June review, at the end of the month amounted to UAH 16.27M. According to the provided data, the total NAV of these funds decreased by UAH 863.93k (+5.04%).

No fund made payments to investors and did not attract their funds, so no changes in net capital in the sector were recorded.

Based on the rates of return, funds in the sector had the following breakdown of the results:  “TASK Universal” (+0.73%), “Indeks Ukrainskoi Birzhi (-4.99%) and “KINTO-Gold” (-7.42%).

Key Figures
Total number of members313as at 25.10.21
Number of AMC307as at 25.10.21
Number of NPF administrators19as at 25.10.21
Number of CII1647as at 25.10.21
Number of NPF*56as at 25.10.21
IC Number*2as at 31.08.21
AuM, UAH M491 778as at 31.08.21
NPF assets under administration, UAH M2 105as at 31.08.21