Nearly 80 percent of the investment funds listed on the Warsaw stock market managed to generate healthy profits last year. According to the daily Puls Biznesu, the most mature market players took advantage of the fact that the Polish bond yields fell to their lowest ever levels last year, while the WSE’s WIG index was up by 26 percent.
Among the Polish managers offering universal investment products, the fund Copernicus Akcji Dywidendowych was ranked first, having expanded the value of its investment portfolio by a healthy 31.7 percent. Quercus Agresywny came in second on the list, with a 28.2 percent increase in profits, posted at the end of 2012.
On the other hand, the funds like Ideal Akcji and Allianz Akcji failed to take advantage of the bull market last year, claims the daily. Although Ideals result haven’t been revealed, the daily claims the fund is ranked last among all investment funds on the Polish stock market. Allianz Akcji managed to expand by just 8.1 percent last year.
