Net subscriptions to mutual funds worth 272 million euros in October

Net subscriptions into mutual funds domiciled in Finland were worth 272 million euros in October. Due to positive market development the total assets under management in Finnish domiciled funds increased as much as 4.1 billion euros.

Net subscriptions to equity funds were worth 400 million euros. Net subscriptions to Long-term bond funds were 195 million euros and 148 million euros to asset allocation funds. On the other hand net subscriptions from short-term bond funds were -471 million euros and -1 million euros from alternative funds