Mutual Fund Net Subscriptions 534 Million Euros in July

Net subscriptions for mutual funds domiciled in Finland were 534 million in July. Combined assets reached it’s all time second highest value with 100,2 billion euros. From the increase 2,4 billion was due to favorable market development.

In July net subscriptions for all fund classes were positive. Net subscriptions were highest on bond funds with 332 million euros. Asset allocation funds received 110 million euros in net subscriptions and money market funds, alternative funds and equity funds received 59 million, 20 million and 13 million respectively.