KIEV, Dec. 8 – Mutual funds continued to show negative results in November, with a profitability indicator of minus 2.85% compared to the minus 11.12% registered in October, according to a study by the Kiev-based Ukrainian Association of Investment Business (UAIB).

According to the study, the leader in the profitability was SEM Azhio (+3.71%), Classical Fund (+3.23%), and Patron Fund (+2.77%).