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Swiss fund market posts slight asset gain in April

Thursday, May 20, 2021
Opalesque Industry Update - In April 2021, the volume of assets placed in the investment funds covered by the statistics compiled by Swiss Fund Data AG and Morningstar stood at CHF 1,428.0 billion. This corresponds to a month-on-month increase of CHF 9.2 billion or 0.6%. Net inflows totaled CHF 5.3 billion.

The volume of assets entrusted by investors in Switzerland to the fund industry came to CHF 1,427,994 million in April 2021 (March 2021: CHF 1,418,761 million).

"The positive trend continued on most financial markets in April, although many showed a slightly slower pace than in March. With the exception of the SMI, which was just inside negative territory, the leading stock markets all posted further gains. Net inflows were recorded once again during the month, with bond funds attracting the most new money," said Adrian Schatzmann, CEO of the Asset Management Association Switzerland.

By way of comparison, the figures for selected indexes in April 2021 were as follows (March 2021 in brackets): Dow Jones 2.71% (6.62%), S&P 500 5.24% (4.24%), EURO STOXX 50 1.42% (7.78%), SMI -0.23% (4.99%), SBI -0.16% (0.49%), and Bloomberg Barclays US Aggregate Bond Index 0.79% (-1.25%). The CHF gained 0.78% against the EUR and 3.25% against the USD.

Net inflows in April 2021 totaled CHF 5.3 billion. Bond funds were clearly out in front with CHF 4.1 billion, while only one fund category - equity funds - suffered outflows, and these were modest at CHF 0.8 billion. There were no changes in the ranking of the most popular asset classes: equity funds 46.43%, bond funds 29.69%, mixed-asset funds 10.52%, and money market funds 7.52%.

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