The assets under management in Finnish mutual funds increased in June

The assets under management in Finnish mutual funds rose in June, totalling 59,5 billion euros in the end of month. The upswing was due to rising market values (621,5 million euros) and inflowing money from investors (200,1 million euros).

Assets in equity funds totalled 19,2 billion euros. The investors redeemed 181,5 million euros from equity funds. Thanks to rising market prices, the equity funds gained 0,7 percent in net assets.

Bond funds increased by 4,4 percent totalling 18,8 billion euros in the end of June.

The best performing fund category was European Emerging Equity with its 5,2-percent month increase.