Net subscriptions to mutual funds domiciled in Finland were over 1 billion euros in May

Net subscriptions to mutual funds domiciled in Finland were over 1 billion euros in May. Because of the high level of net subscriptions and positive market development, total net assets increased to all-time high of 80.8 billion euros.

Biggest gainers of new capital during May were equity funds with net subscriptions worth of 670 million euros. Net subscriptions to bond funds totaled 494 million euros. On the other hand net subscriptions to short term bond funds were negative with net redemptions worth of 351 million euros.