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Mutual Funds Gain Greater Trust of Investors

Ljubljana, 28 December - While most of the stock prices were consistently growing in the second half of 2002, mostly due to the pharma Lek takeover by the Swiss Novartis, another change occurred in the stock market - people have started showing more interest in mutual funds. Within only six months the funds almost doubled their investment capital. At the end of November, the total assets of the funds increased by SIT 4.4bn (EUR 19.1m).

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© STA, 2002