SBI Rheos Hifumi (TYO:165A) said assets under management climbed to 1.330 trillion yen at end-May, up 67.405 billion yen from April, driven by 65.74 billion yen in investment gains and 1.57 billion yen in net inflows, according to a Wednesday filing on the Tokyo Stock Exchange.
Direct sales accounted for 19.5% of publicly offered investment trusts, while the average trust fee stood at 0.626%.
The group's flagship Hifumi Plus Fund made up 47.4% of total investment trust assets, followed by Hifumi World Plus at 18.8% and Hifumi Fund at 14.2%.
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