Monthly Performance Review of Publicly Offered CII in Ukraine. January 2023

According to the results of January, the Ukrainian Stock Exchange index decreased by -16.25%, and the PFTS index decreased by -2.34%.

According to the level of rate of return, the sectors  of CII with public placement were distributed as follows: closed-end funds were in the first place - (+10.16%), in the second place there were  open-ended CIIs - (+2.51%), data on the activity of interval CIIs is insufficient for analysis.

OPEN-ENDEDFUNDS

According to UAIB, the value of net assets (NAV) of 15 open-ended CIIs that submitted reports for January amounted to UAH 138.45 M. According to the data received at the end of the previous month, the total decrease in the value of net assets amounted to -UAH 4,288.96 k (-3.01%).

In January, the range of open-ended investment funds' rate of return was from +16.03 to

 -5.26%. According to the results of the month, only two funds recorded a decrease in the level of rate of return, the rest of the funds ended the month with growth.

The following funds became the leaders in terms of the growth of net assets' value (NAV) in the sector ofopen-ended CIIs:

"Sofiivskyi" (+UAH 412.64 k (+16.03%)) - the fund received the largest increase in NAV thanks to the positive revaluation of the components of the investment portfolio;

"Nadbannia" (+UAH 90.19 k (+12.61%)) - similarly, the increase in NAV was due to the growth of the fund's assets;

"KINTO-Ekviti" (+UAH 57.89 k (+3.54%)) - a positive revaluation of the components of the investment portfolio led to an increase in NAV.

The following funds made the largest payments to investors in January:

"OTP Klasychnyi" (-UAH 4,946.93 k (-6.67%)) - the purchase of a small number of certificates from investors (-8.09% in circulation) led to an outflow of net capital in the amount of - UAH 6,042.58 k;

"KINTO-Klasychnyi" (+UAH 435.46 k (+2.00%)) - despite the increase in the value of the components of the investment portfolio, the purchase of a certain number of IC from investors (-0.13% in circulation) led to losses by the fund - UAH 29.68 k "net";

"KINTO-Kaznacheiskyi" (+UAH 78.14 k (+1.83%)) - likewise, the buyout of IC from investors (-0.48% in circulation) led to an outflow of net capital in the amount of - UAH 20.88 k .

The first place among the open-ended CIIs in terms of market share was taken by the "OTP Klasychnyi" fund (49.98% of the total NAV (UAH 69.20 M)), the second place - by the ""KINTO- Klasychnyi" fund (16.03% (UAH 22.19 M )), the fund "UNIVER.UA/Yaroslav Mudryi: Fond Aktsii" was the third one (6.96% (UAH 9.63 M)). The fourth place was taken by the fund "OTP Fond Aktsii " (6.66% (UAH 9.23 M), the "Altus-Deposyt" fund took the honorable fifth place) (4.00% (UAH 5.54 M)).

The leaders in terms of rate of return were the following funds: "Sofiivskyi" (+16.03%), "Nadbannia" (+12.51%) and "KINTO-Ekviti" (+3.54%).

The lowest indicators in January were recorded by the following funds: fund "OTP Fond Aktsii"

(-5.26%) and "UNIVER.UA/Volodymyr Velykyi: Fond Zbalansovanyi" (-1.41%).

INTERVAL FUNDS

In January, 2 interval CIIs were included in the review, the net assets of which, according to the UAIB, were equal to UAH 1.15 M. The provided data were not sufficient, which made it impossible to conduct a comparative analysis of the activity of interval CII.

CLOSED-END FUNDS

In January, 2 closed-end CIIs were included in the review, the value of whose net assets at the end of the month amounted to UAH 6.70 M. Compared to the indicators of this sector at the end of the previous month, the total NAV increased by +UAH 612.94 k (+10.08%).

Payments to investors were not recorded in the sector in January, therefore there were no changes in net capital, changes in NAV occurred due to revaluation of the components of the investment portfolio.

The range of rate of return of closed-end funds in January was as follows: "Indeks Ukrainskoi Birzhi" (+13.62%) and "KINTO-Hold" (+6.69%).