Investment funds lose more than 5% so far this year, according to Inverco

MADRID, 10 Jun. (EUROPA PRESS) -

The investment funds registered a negative return in the first five months of the year of 5.24%, according to data from the employer's association Inverco published this Friday, which reveal that only in May the decline was 0.71%.

The national equity funds are the ones that have generated the highest returns for their participants in the month of May, advancing 3.52%. In the year as a whole, it is the only category that presents positive returns.

US equities are the ones that did the worst in May, leaving 2.33%, while in the year as a whole they are also the ones that recorded the greatest decline and fell 11.5%.

The employers have explained that the stock markets closed the month with a better performance than in previous months, especially in the last days of the month, while the fixed income markets continued to present increases in the IRRs of the bonds at all terms .

In May, the investment funds registered positive net flows amounting to 1,341 million euros, with which they have already chained 19 consecutive months of positive net subscriptions. So far this year, these amount to 5,054 million.

Half of the categories experienced positive inflows in the fifth month of the year. Long-term European fixed-income funds were the ones with the highest subscriptions, with 1,402 million euros of net deposits, followed by guaranteed fixed-yield funds and US equity funds, with 297 and 189 million euros, respectively .

The investment vocations with the highest reimbursements corresponded to global funds, with 397 million, followed by mixed funds, with 312 million.

So far this year, fixed income funds are the ones that register the most net deposits, with 6,609 million euros, compared to the global ones, with reimbursements of 1,190 million.

Despite these deposits and the slight improvement in the market situation, fund assets registered a fall of 853 million euros in May, 0.3% less than the previous month, which stands at 305,753 million euros. euros. This represents a drop in the year of 3.7%, equivalent to 11,795 million.

The combined assets of collective investment (funds and companies) have fallen so far this year by 26,813 million, 4.2%, and stood at the end of May at 608,204 million. The number of participant accounts stood at 22.7 million, an increase of 4.1%.