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

08 May 2019

According to the results of the month, Ukrainian stock market indices closed with a significant decrease of indicators: the UX index dropped by -1.81%, while the PFTS index reduced by -2.41%.

In April, all sectors of public collective investment institutions (CII) completed the month in the "red" zone. By indicator “from the beginning of the year”, the results were distributed as follows: closed-end funds were in the first place (+4.59% (-0.53% for the month)), the sector of open-ended CII was the second one (-0.06% (-0.78% for the month)), while interval CII fell in third place (-16.92%

(-1.35% for the month)).


OPEN- ENDED FUNDS

According to the UAIB, the value of net assets of 16 open-ended CII as at 26.04.2019 amounted to UAH83.61M. According to the information provided by the companies as at the end of April, the total decrease of NAV amounted to -UAH 992.19 thsd. (-1.17%). The volume of payments to investors in April exceeded the amount of attractions, therefore the total net outflow of funds in the sector amounted to – UAH 509.69 thsd.

The open-ended CIIs’ range of rates of return varied from +1.40% to -4.88%.

According to the results of April, the fund "VSI" (+UAH 211.52 thsd. (+17.00%)) became the leader in attraction of investors'funds in the sector - an increase of NAV and attraction of investors' funds (+20.45% in circulation) allowed the fund to receive UAH 248.40 thsd. of net inflow of capital.

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

“OTP Fond Aktsii” (-UAH 1,006.65 thsd. (-7.83%)) - due to a decrease of investment portfolio components’ value and significant payments to investors (-4.50% in circulation), the fund recorded the largest net outflow in the sector in the amount of –UAH 556.07 thsd.;

"KINTO-Kaznacheiskyi" (-UAH 179.77 thsd. (-6.47%)) - the redemption of investment certificates from fund’s participants (-5.47% in circulation) led to an outflow of capital in the amount of –UAH 150.59 thsd.;

"OTP Klasychnyi" (+UAH 25.95 thsd. (+0.53%)) - despite of NAV’s growth, presentation of 11 pcs. of IC to maturity led to an outflow of “net “ capital in the amount of –UAH 38.82 thsd.

The main players in the sector were distributed as follows: the first place among the open-ended CII in terms of market share was taken by the “KINTO-Klasychnyi" fund (37.10% of the aggregate NAV (UAH 31.02 M. ) fund), the second step was taken by the fund "OTP Fond Aktsii" (14.18% (UAH 11.86 M.)), taken by the fund “UNIVER.UA/Mykhaylo Hrushevsky: Fond Derzhavnykh Paperiv” was in the third place (8.61% (UAH 7.20 M.)). The fourth place was funded by the “KINTO-Ekviti” fund (6.72% (UAH 5.62 M. )), the “Sofiivskyi” Fund (6.13% (UAH 5.12 M. )) completed the top five leaders of the sector.

 

 

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

“Altus Zbalansovanyi” (+1.40%), "OTP Klasychnyi" (+1.33%) and “UNIVER.UA/Taras Shevchenko: Fond Zaoshchadzhen” (+1.10%).

The worst indicators of changes of their securities’ value were demonstrated in April by funds: “UNIVER.UA Yaroslav Mudryi: Fond Aktsii” (-4.88%), “OTP Fond Aktsii” (-3.48%) and “Sofiivskyi”

(-3.17%).


INTERVALFUNDS

 

In April, the survey included 3 interval CII, whose net assets, according to UAIB, amounted to UAH 2.68 M. Compared to the indicators of this sector as at the end of the previous month, the aggregate NAV of funds decreased by UAH 27.28 thsd. (-1.01%).

 

Changesof net assets’ value in the sector were as follows:

“TASK Ukrainskyi Kapital” (+UAH 2.31 thsd. (+0.24%));

“ Optimum” (-UAH6.66 thsd. (-2.78%));

“ZbalansovanyiFond “Parytet” (-UAH22.93 thsd. (-1,51%)).

No fund paid to investors or attracted their money, so no changes in net capital were recorded in the sector.

By the level of rates of return in April, funds in the sector were distributed as follows: “TASK Ukrainskyi Kapital” (+0.27%), “Parytet” (-1.51%) and “Optimum” (-2.78%).

Open-ended funds' NAV in 03.2023 - 03.2024

Open-ended funds' NAV at end of March 2024

Fund nameNAV, UAHNumber of investment certificates/shares in circulationNAV per IC/share, UAHIC/share Face Value, UAHAMC name
VDPIF "KINTO-Kaznacheyskiy" PrAT "KINTO"4 249 455.7512 787332.32100.00PrAT "KINTO"
VSPIF "UNIVER UA Yaroslav Mudriy" Fond Akciy"9 486 991.358 3261 139.441 000.00TOV "KUA "Univer Menedzhment"
VIDKRITIY SPECIALIZOVANIY PAYOVIY INVESTICIYNIY FOND "VSI"2 688 694.861 4321 877.581 000.00TOV "KUA "Vsesvit"
VSPIF UNIVER UA Taras Shevchenko" Fond Zaoshchadzhen1 873 825.823665 119.741 000.00TOV "KUA "Univer Menedzhment"
VSPIF UNIVER UA Mihaylo Grushevskiy" Fond Derzhavnih Paperiv6 829 492.951 0436 547.931 000.00TOV "KUA "Univer Menedzhment"
VSPIF ""OTP Klasichniy""75 575 861.8711 0766 823.391 000.00TOV "KUA "OTP Kapital"
VDPIF "KINTO-Klasichniy" PrAT "KINTO"24 984 481.9044 420562.46100.00PrAT "KINTO"
VDPIF "UNIVER UA Volodimir Velikiy" Fond Zbalansovaniy"1 508 046.195292 850.741 000.00TOV "KUA "Univer Menedzhment"
VDPIF "Altus-Depozit"6 145 870.611 2564 893.211 000.00TOV "KUA "ALTUS ASSETS AKTIVITIS"
VDPIF"Altus-zbalansovaniy"4 744 508.856757 028.901 000.00TOV "KUA "ALTUS ASSETS AKTIVITIS"
VSPIF "NADBANNYa" TOV "KUA "ART-KAPITAL MENEDZhMENT"734 891.977 88193.24100.00TOV "KUA "ART-KAPITAL MENEDZhMENT"
PIF KINTO-Ekviti PrAT "KINTO"1 497 331.353 145476.091 000.00PrAT "KINTO"
VSPIF "OTP Fond Akciy"9 043 897.056 434 4051.411.00TOV "KUA "OTP Kapital"
VDPIF "TASK Resurs"1 003 343.039531 052.821 000.00TOV "KUA "TASK-INVEST"
PIF "Sofijivskiy"2 507 833.202 566977.331 000.00TOV "KUA "Iveks Esset Menedzhment"

Open-ended funds' NAV dynamics in 03.2023 - 03.2024

Rate of Return in March 2024