MIL-OSI Russia: Financial News: Money Market Funds Are the Main Trend of 2024 in the Retail Mutual Fund Segment

Translartion. Region: Russians Fedetion –

Source: Central Bank of Russia –

The value of assets under management by the management company in 2024 increased to 26.3 trillion rubles, which is 25.8% more than the value at the end of the previous year.

The main increase in funds was provided by closed-end mutual investment funds (ZPIF). The driver of this market segment in the fourth quarter was individual ZPIFs, and interest in real estate funds also remained.

In the retail segment, almost the entire inflow of funds came from money market exchange-traded funds. Their popularity grew throughout the year, and in the fourth quarter it reached its peak: the net inflow of funds was the highest since the existence of such funds (452 billion rubles). The average weighted return of ruble exchange-traded money market mutual funds for 2024 was 18.1%.

Read more in“Review of key performance indicators of management companies” for the fourth quarter of 2024.

Preview photo: Bangkok Click Studio / Shutterstock / Fotodom

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