The first refinement of the most profitable stock fund 1401 – Tejaratnews
According to Tejarat News, the profit of the first refining fund was announced in 1401 equity investment funds.
The 1st Refining Fund ended 1401 with a final price of 16576 Tomans, which studies show a 131% growth in the trading price of this fund and the ratio of the fund’s transaction price to net asset value (from 67% in November 1401) to 95%.
According to the statistics, the first refining fund ended the year on the last trading day of 1401 (March 28, 1401) with a closing price of 16,576 Tomans, which is compared with the closing price of the last trading day of 1400 (March 28, 1400 equals 7,164 Tomans). It shows a 131% growth in the trading price of this fund (in the same time period, the NAV of the fund has grown by 84.54%).
With this growth, the 1st Refining Fund became the top of the most profitable stock investment funds in 1401 and recorded a growth of more than 88% compared to the total stock market index (the return of the total stock market index in 1401 equals 43%).
Before the amendment of the statutes and the determination of the market operator for the 1st Refining Fund, which came to fruition with the follow-ups of the Stock Exchange Organization, the trading price of this fund was much lower than the net asset value or NAV of the fund, but the latest calculations today (April 8, 1402) show that the ratio The transaction price of the first refining fund has reached 95% of its net asset value (from 67% in November 1401).
In other words, the determination of the market operator and the amendment of the statutes of this fund with the follow-ups of the Securities and Exchange Organization, the main reason for reducing this distance and the significant growth of the price of the refining fund and compensation for the violation of the rights of the people and shareholders, which due to the failure of the previous government until now, has been this discrepancy and great backwardness. , had suffered.
It should be mentioned that “Palishi 1” was the second government investment fund that was subscribed in the form of ETF. This fund, which included the remaining shares of the government in four refineries in Tehran, Isfahan, Tabriz and Bandar Abbas, was put on the stock market in September 2019.
Source: Senate