Positive returns, high volatility: Hungarian investment funds closed a mixed semester
The performance of domestic investment funds appears good, as investors have seen positive returns in most categories. However, the details are more nuanced: there are significant differences between the funds, and in many cases, they offer only a marginal additional value compared to retail government bonds. Süle-Szigeti Bulcsú analyst highlighted that there were significant differences in performance between equity funds and absolute return funds, while investors are increasingly moving away from bond funds.
Initially, the domestic investment funds performed well, as investors saw positive returns in most categories. However, the details reveal a more nuanced picture: significant differences emerged between the funds, and in many cases, they offer little additional investment value compared to retail bonds. According to Süle-Szigeti Bulcsú, an analyst for Portfolio Pénzügy, the program, which aired on Checklist on Monday (starting at the 13th minute), noted that there were significant differences in performance between equity funds and absolute return funds, while investors were clearly moving out of bond funds.
