Securities Investment Funds - November 2021

​Securities Investment Funds

November 2021

The sum under management of UCITS amounted to €18,787.9 million in November 2021.  This is a €366.8 (0.2%) increase apropos October. The amount under management of AIFs decreased 0.03% down to €331.7 million.

Investment in domestic shares rose 10.6% for domestic issuers and 3.6% for foreign issuers compared to the previous month. With regard to public debt, the value of the investment dropped 5.9% for national debt and rose 0.4% for foreign debt. The amount invested in bonds increased 7.7% for national and rose 0.8% for foreign issuers.

Jerónimo Martins was the security with the most impact on the funds' portfolios, depicting 11.7% of the total amount invested with an 20.3% monthly upswing, followed by Sonae, registering a 9.8% increase in the funds' portfolios and Navigator Company rose 0.2% apropos October.

As to investment in the EU market, LVMH, Siemens and L'Oreal lead the field in the SIF's portfolios and outside the EU, Microsoft, Pfizer and Apple.

The USA was the key destination for investment of UCITS in November, securing 17.3% of the total fund investment, followed by the Germany (16.1%) and Luxembourg (11.9%). Portugal registered 3.9% of the investment.

Caixa Gestão de Ativos (34.6%), IM Gestão de Ativos (21.7%) and BPI Gestão de Activos (17.2%) were the management companies with the largest market share.