Crisis over! Investment funds warn about the beginning of a thaw in the financial sector

Finansy10-08-2009 crisis was over! Investment funds warn about the beginning of a thaw in the financial sector published reports for July indicate stabilization of the situation in the investment market. Mutual funds show stable earnings, and investors are beginning to invest previously taken from the deposits of funds. Thus, the investment fund MMCIS investments announced profitability in July 2009 in the amount of 42% per annum for deposits in U.S. dollars, up 10% more yield for June 2009 and 31% more yield for January 2009. Stabilizing the growth that began in March 2009, allowed MMCIS investments to go out and keep the targeted level of profitability of 50% per annum. In addition, the fund management notes increasing investor activity, which increased the capitalization of the fund on 1 August 2009 from 424.13 to 444.26 million U.S. dollars. Thus, the increase in fund assets since the beginning of 2009 was 22%, thereby putting an end to the negative trend in January and February of -5% and -1%, respectively. While the growth of fund assets, compared to the same period in 2008 is only 21.4% Management believes this rate is more than satisfactory, and so that indicates the beginning of a thaw in the financial sector.