Investment funds with PLN 0.85 bln in inflows in March

Poland’s investment funds recorded net inflows of PLN 0.85 billion in March, helped mostly by strong performance of absolute rate of return funds, a report by asset management lobby IZFiA showed.

“March was the third, straight month of the year with positive inflows, corresponding with good economic situation,” IZFiA said in its report. “The absolute report rate, just like in February, had PLN 0.45 billion inflows, making it the most popular investment vehicle in Q1, with inflows amounting to PLN 1.1 billion. Debt funds followed with PLN 0.39 net inflows in March and nearly PLN 1 billion in Q1.

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