TFI assets fall by 1.3% in June

The assets of Polish investment funds (TFIs) fell by 1.3 percent month-on-month to PLN 280.2 billion in June, according to Analizy Online and IZFiA. The value of accumulated capital decreased both in the segment of retail solutions (PLN -1.5 billion) and the dedicated (PLN -2.3 billion). The decrease results from the predominance of amortizations and negative results of management. Last month, mainly cash and money funds registered growth. The value of accumulated funds increased by nearly PLN +1.2 billion (+ 2.3 percent) and amounted to over PLN 53.1 billion at the end of June.