279 Million Euros in Net Subscriptions for Finnish Mutual Funds

In August net subscriptions for mutual funds domiciled in Finland were 279 million euros. Combined assets in Finnish funds reached an all time high with 101,2 billion euros. From the increase in assets 758 million euros was due to favorable market movements.

Equity funds had the highest net subscriptions with 140 million euros. Long term bond funds received 138 million, asset allocation funds 123 million and alternative funds 13 million euros in net subscriptions in August. The only asset class with negative net subscriptions was short term bond funds with redemptions worth 135 million euros.