Monthly Performance Review of Publicly Offered CII in Ukraine. June 2016

11 July 2016

Based on June results, Ukrainian Stock Exchange index rose by 7.81%, PFTS index - by 1.92%. The whole month indicators were in moderate sideways trend against the backdrop of regular summer downturn.

In terms of profitability for the month sectors of public CII were as follows: on the first place - closed-end funds (+5.84%), on the second site - open-ended CII (+2.04%), interval CII – on the third place (-1.25%).

 

OPEN- ENDED FUNDS

As per UAIB data, net asset value of 19 open-ended CII as at 31.05.2016 amounted to UAH54.15 mln. According to reported data by the end of the previous month, the total increase in NAV amounted to +UAH 655.32 thsd. (+1.32%). Net outflow in the sector amounted to –UAH 118.43 due to minor payments to investors.

Majority of funds finished the month with an increase of portfolios’ return, only 5 funds recorded a negative value. In June, the range of investment funds’ yield varied from +7.16% to -3.98%.

Based on June results, growth leaders in the sector were the following funds:

«VSI» (+UAH 2.13 (+0.16%)) – due to additional placement of certificates (+0.17% in circulation) received a net inflow in the amount of +UAH 0.81 thsd.;

«Sofiivskyi» (+UAH 221.17 thsd. (+6.91%)) – increase of NAV was due to positive revaluation of investment portfolio’s components;

«КІNТО-Каznacheiskyi» (+UAH 114.50 thsd. (+6.00%)) – increase in net assets was also due to growth of investportfolio’s assets.

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

"KINTO-Klasychnyi" (+UAH 179.05 thsd. (+0.85%) - despite the positive revaluation of portfolio, redemption of small number of certificates from investors (-0.56% in circulation) resulted in a net outflow of capital in the amount of -UAH 118.80 thsd.;

"UNIVER.UA/Yaroslav Mudryi: Fond Aktsii" (+UAH 41.46 thsd. (+7.08%) - net outflow amounted to –UAH 0.44 thsd. through a repurchase of one investment certificate;

List of major players of the sector in June was as follows: the first place among open-ended CII by market share was occupied by fund "KINTO-Klasychnyi" (39.14% of total NAV (UAH 21.19 mln.)), the second place - by fund "UNIVER.UA / Grushevskyi: Fond Derzhavnyh Paperiv "(9.33% (UAH 5.05 mln.)), the third place went to fund" Kinto-Ekviti" (6.40% (UAH 3.46 mln.). Fund "Sofiivskyi” was located on the fourth site (6.32% (UAH 3.42 mln.)), fund "Altus-Deposyt" closed the top five (6.12% (UAH 3.32 mln.)).

Among the distinguished leaders by rates of return there were the following funds: "UNIVER.UA /Yaroslav Mudryi: Fond Derzhavnyh Paperiv" (+7.16%), "Sofiivskyi" (+6.91%) and "Nadbannia" (+6.59%).

The worst performance in June was demonstrated by funds "TASK Resurs" (-3.98%), "UNIVER.UA / Grushevsky: Fond Derzhavnyh Paperiv" (-1.24%) and "SEM Azhio" (-0.62%).

 

INTERVAL FUNDS

In Jun the review included 5 interval CII, which net assets, according to UAIB data, equaled to UAH 12.68 mln.Compared with this sector’s indicators as at the end of the previous month, an aggregate NAV of these fundsdecreased byUAH 15.40thsd. (-0.62%).

Changes in the value of investment portfolios in the sector of interval funds during this month were exclusively due to the revaluation of assets; changes in net capital were not fixed.

In June, the leader of the NAV growth in the sector of interval CII was fund "Parytet" (+UAH 26.97 thsd.(+2.27%)) - an increase in net assets’ value was exclusively due to the rising value of investment portfolio’s components.

The largest decrease of NAV in June was recorded by funds "Optimum" (-UAH 3.71 thsd.

(-0.64%)) and "UNIVER.UA/Otaman: Fond Perspektyvnyh Aktsii" (-UAH 38.63 thsd. (-5.37%)).

The range of yield of interval funds in June was between +2.27% and -5.37%.

Fond “Parytet” was the leader in yield (+ 2.27%).

The worst performance in June was demonstrated by the following funds: "UNIVER.UA/Otaman: Fond Perspektyvnyh Aktsii" (-5.37%), "Optimum" (-0.64%).


CLOSED-END FUNDS

Net asset value of 3 closed-end CII, which were included in June review, at the end of the month amounted to UAH 9.20 mln. According to filed indicators, the aggregate NAV of these funds increased by UAH 523.07 thsd. (+6.03%).

No fund recorded any changes in net capital, increase in value of portfolios occurred due to positive revaluation of assets.

The range of yield of closed-end funds in June fluctuated between +3.12% and +9.86%.

Positive rates of return were fixed by the following funds: "Indeks Ukrainskoi Birzhi”(+9.86%), "UNIVER.UA/Skif: Fond Neruhomosti" (+4.54%) and "AntyBank" (+3.12%).

Open-ended funds' NAV in 05.2024 - 05.2025

Open-ended funds' NAV at end of May 2025

Fund nameNAV, UAHNumber of investment certificates/shares in circulationNAV per IC/share, UAHIC/share Face Value, UAHAMC name
PIF KINTO-Ekviti PrAT "KINTO"3 226 186.083 0951 042.381 000.00PrAT "KINTO"
VSPIF UNIVER UA Mihaylo Grushevskiy" Fond Derzhavnih Paperiv12 509 489.471 3279 426.891 000.00TOV "KUA "Univer Menedzhment"
VSPIF UNIVER UA Taras Shevchenko" Fond Zaoshchadzhen2 420 924.903966 113.441 000.00TOV "KUA "Univer Menedzhment"
VDPIF "UNIVER UA Volodimir Velikiy" Fond Zbalansovaniy"1 666 953.225293 151.141 000.00TOV "KUA "Univer Menedzhment"
VSPIF ""OTP Klasichniy""127 800 300.4415 8988 038.771 000.00TOV "KUA "OTP Kapital"
VDPIF "KINTO-Klasichniy" PrAT "KINTO"33 742 937.9744 292761.82100.00PrAT "KINTO"
VSPIF "UNIVER UA Yaroslav Mudriy" Fond Akciy"9 695 767.238 3261 164.511 000.00TOV "KUA "Univer Menedzhment"
VDPIF "Altus-zbalansovaniy"4 984 091.846437 751.311 000.00TOV "KUA "ALTUS ASSETS AKTIVITIS"
VDPIF "KINTO-Kaznacheyskiy" PrAT "KINTO"11 106 776.4012 767869.95100.00PrAT "KINTO"
VDPIF "Altus-Depozit"6 684 289.651 2565 321.891 000.00TOV "KUA "ALTUS ASSETS AKTIVITIS"
VIDKRITIY SPECIALIZOVANIY PAYOVIY INVESTICIYNIY FOND "VSI"3 816 950.281 8432 071.051 000.00TOV "KUA "Vsesvit"
VSPIF "OTP Fond Akciy"11 162 297.065 755 5931.941.00TOV "KUA "OTP Kapital"
PIF "Sofijivskiy"2 746 383.192 5661 070.291 000.00TOV "KUA "Iveks Esset Menedzhment"
VSPIF "NADBANNYa" TOV "KUA "ART-KAPITAL MENEDZhMENT"1 202 322.2114 12085.15100.00TOV "KUA "ART-KAPITAL MENEDZhMENT"
VDPIF "TASK Resurs"1 018 231.339531 068.441 000.00TOV "KUA "TASK-INVEST"

Open-ended funds' NAV dynamics in 05.2024 - 05.2025

Rate of Return in May 2025