​​Investment Funds Capitalize as Stock Markets Rally

​​The record monthly growth in the Iranian stock market last month (July 23-Aug. 22), with a 26% increase registered in Tehran Stock Exchange alone, led to the prosperity of investment funds.

According to Financial Tribune's sister publication, Donya-e-Eqtesad, an analysis of the monthly performance of funds, including equity, fixed income and mixed, mutual and exchange-traded funds, shows that the highest rate of return belonged to equity funds, with the return rate exceeding 39%.