Mutual funds received 439 million euros in net subscriptions

The combined value for mutual funds domiciled in Finland increased from 96,6 billion euros to 98,1 billion euros in May. From the increase 1,1 billion was due to favorable market movements and 439 million to net subscriptions.

Short-term bond funds received the most net subscriptions with 281 million euros. Net subscriptions for long-term bond funds were 273 million and for asset allocation the figure was 51 million. Net subscriptions were negative for equity and alternative funds with 146 million and 21 million respectively.