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Investment Funds Capitalize as Stock Markets Rally

Investment Funds Capitalize on Stocks RallyInvestment Funds Capitalize on Stocks Rally

The record monthly growth in the Iranian stock market last month (July 23-Aug. 22), with a 26% increase registered in Tehran Stock Exchange alone, led to the prosperity of investment funds.
According to Financial Tribune's sister publication, Donya-e-Eqtesad, an analysis of the monthly performance of funds, including equity, fixed income and mixed, mutual and exchange-traded funds, shows that the highest rate of return belonged to equity funds, with the return rate exceeding 39%.
This is while only one equity fund did not follow suit and even for this fund, the loss rate was under 1%.

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