Monthly Performance Review of Publicly Offered CII in Ukraine. October 2020

In October, Ukrainian stock exchanges closed in different directions: the UX index increased by 0.24%, and the PFTS index decreased by 0.02%.

By the rate of return for a month YTD, the sectors of CII with public issue had the following breakdown of the results:open-ended funds were in the first place (+7.44%(+0.92% for the month)), the second place went to the sector of interval funds (-2.70%(+1.05% for the month), closed-end CII were the third (-10.52% (+3.76% for the month)).

OPEN-ENDED FUNDS

According to the UAIB, the value of the net assets (NAV) of 16 open-ended CII as at 30 October 2020 amounted toUAH 105.00M.According to the data provided at the end of October, the total increaseof net assets amounted toUAH 3808.27k (+3.81%).

The vast majority of funds in the sector ended the month with an increase ofrates of return and only one of them recorded a decrease.Thescopefor rates of return of open-ended CII ranged from +5.59% to-4.36%.

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

«OTP Klasychnyi» (+UAH 2234.70k (+10.29%)) –due to the positive revaluation of investment portfolio components andadditional placement of investment certificates (+9.40% in circulation) allowed the fund to receive an inflow of net capital in the amount of  UAH 2142.19k;

«UNIVER.UA/Iaroslav Mudryi: Fond Aktsii» (+UAH 338.92k (+5.78%))– due to attraction of investors' funds(+10.60% in circulation) and increase in the value of the investment portfolio componentsreceived UAH 636.00k of net inflow;

«KINTO-Kaznacheiskyi» (+UAH 212.84%(+5.82%))– the growth of NAV and attraction of investors (+5.56% in circulation) allowed to get the fund UAH 203.87kof net inflow.

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

 «КІNТО-Klasychnyi»  (+UAH 133.05k (+0.45%)) –redemption of aninsignificant number of certificates from investors (-0.30% in circulation), led to a net outflowin the amount of UAH 88.83k;

«KINTO-Ekviti»  (-UAH 2.09k (-0.05%)) –redemption of insignificant number of investment certificates(-0.79% in circulation) from the fund participants caused a net outflow in the amount of UAH 35.82k;

«UNIVER.UA/Volodymyr Velykyi: Fond Zbalansovanyi» (-UAH 2.09k (-0.05%)) –redemption of 5 certificates led to a net outfow of UAH 16.76k.

«KINTO-Klasychnyi» (23.35% of thetotal NAV (UAH 29.77M)) took the first place among the open-ended CII in terms of market share, thesecond one was the «OTP Klasychnyi» (23.82% of total NAV (UAH 25.01M)), the third got the fund«UNIVER.UA/Myhailo Hrushevskyi: Fond Derzhavnykh Paperiv» (7.55% (UAH 7.93M). Fourthplacewas taken by the fund «UNIVER.UA/Iaroslav Mudryi: Fond Aktsii» (5.91% (UAH 6.20M), the fund «OTPFondAktsii» (5.47% (UAH5.75M)) closes the top five.

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

«OTPFondAktsii» (+5.59%), «Nadbannia» (+3.23%) and «Sofiivskyi» (+2.95%).

The worst indicators in September were demonstrated by funds:  

UNIVER.UA/Iaroslav Mudryi: Fond Aktsii»(-4.36%), «VSI» (+0.13%) and «KINTO-Kaznacheiskyi» (+0.23%).

INTERVAL FUNDS

In October, the review included 2 interval CII, whose net assets, according to UAIB, amounted to UAH 2.38M. Compared to the indicators of this sector at the end of the previous month, the total NAV increased by UAH 27.48k (+1.17%).

Based on the rate of return, funds in the sector had the following breakdown of the results: «PARYTET» (+1.41%), «TASK UKRAINSKYI KAPITAL» (+0.70%).

CLOSED-END FUNDS

The net asset value of 2 closed-end CII included in October review, at the end of the month amounted to UAH 10.32M. According to the provided data,total NAV of these funds increased by UAH 440.33k (+4.46%).

Based on the rates of return, funds in the sector had the following breakdown of the results: «Indeks Ukrainskoi Birzhi» (+4.59%) and «TASK Universal» (+2.94%).