Friday, November 22, 2024

Corporate Bond Funds See Continued Growth: Over 1.5 Billion PLN Inflows in 2024 So Far

INVESTINGCorporate Bond Funds See Continued Growth: Over 1.5 Billion PLN Inflows in 2024 So Far

Investors in February made a net deposit into the corporate bond fund reaching 694 million PLN. In January, net deposits reached 699 million PLN. This way, the capital of this group of assets rose to an unseen level of 12.492 billion PLN. This represents a growth of 765 million PLN m/m (+6.50%), and since the beginning of the year, these assets have increased by over 1.5 billion PLN.

The assets of corporate bond funds are growing, driven not only by net inflows but also by high average return rates of the funds. The average for this group over the last 12 months (to 29.02.2024) was 10.60%, and in February alone it increased by 0.50%.

February was the ninth consecutive month in which investors deposited more into corporate bond funds than they withdrew. The total net deposits in this period amounted to over 3.4 billion PLN.

Szymon Gil, Broker Michael / Ström Dom Maklerski

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