Net subscriptions to Finnish mutual funds worth more than 300 million euros in April

The total assets under management in Finnish mutual funds increased from 95.6 billion to 96.6 in April. 675 million euros of the increase is explained by favorable market development and 311 million euros by new subscriptions to mutual funds.

In April the fund class with the highest net subscriptions was long-term bond funds with net subscriptions worth 392 million euros. Net subscriptions to short-term bond funds were worth 188 million euros, net subscriptions to asset allocation funds were worth 46 million euros and net subscriptions to alternative funds were worth 40 million euros. Net redemptions from equity funds were worth 355 million euros.