This was reviewed in IRNA's Raste Bazar magazine:
๐ฅ Record the biggest decrease in the value of the units in the stock funds
Two weeks of fluctuations and ups and downs of the stock market index meant that the funds that receive the greatest impact from the growth and heavy decline of the market index were equity funds.
Although the overall index of the Tehran Stock Exchange experienced a growth of 13% in one week at its peak, the recent declines caused the stock funds to lose an average of 9 to 10% in the value of the investment units.
๐น Leverage funds, which have a 1% higher fluctuation range than other funds linked to the stock market, had a negative weekly return of 10%.
Gold funds saw a 4-5% increase in unit value this week.
Mixed funds with multiple asset portfolios, although the assets related to their stocks decreased, but the growth of assets related to gold prevented the heavy decrease in the value of the investment units of these funds.