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Assessing investment funds on the basis of their net asset value

After the economic and financial crisis of 2007-2008, the global Covid-19 pandemic struck in March 2020, changing our view of crisis management. The pandemic has led to a significant drop in output, changes in working and educational conditions, and the prediction and management of the speed of transmission of infection. As no one had an effective way to prevent infection, countries were constantly sharing experience and research, and the focus shifted from initial symptomatic treatment to long-term solutions. In the summer of 2020, there was a small optimism around the world, with a decline in infection and death rates, followed by a further decline as restrictions tightened. With the advent of vaccination, there appeared to be a lasting and permanent solution to contain and stop the Covid-19 outbreak, with global vaccination campaigns being launched until the summer of 2021, when the situation returned to some normality, foreign tourism rebounded, and the economy sought to recover. During the pandemic, households initially cut back on consumption, partly because they had to abandon their traditional spending habits and partly because they were more cautious and tended to save. The increased exposure to risk may also have affected the evolution and composition of household wealth. In this paper, we present the evolution of household wealth in the EU-27 and the evolution of the wealth structure in Hungary, with a special focus on the evolution of investment funds.