In September total net subscriptions into mutual funds domiciled in Finland were 1, 1 billion euros. However the end of month total assets under management decreased to 83, 4 billion euros. The decrease in total assets under management was due to mutual fund mergers occurred in September, in which approximately 2, 6 billion euros of assets under management moved from Finland to Sweden.
Biggest gainers in September were equity mutual funds with net subscriptions worth 667 million euros. Long-term bond funds gathered 361 million euros and asset allocation funds 269 million euros of net subscriptions. 180 million euros were withdrawn from short-term bond funds.