Mutual Fund Net Subscriptions 780 million in February

Net subscriptions of mutual funds domiciled in Finland were worth 780 million euros in February. In addition, due to favorable market movements the funds’ combined asset value increased by around 2 billion euros. At the end of February the aggregate net asset value of Finnish mutual funds was 109.7 billion euros.

Short-term bond funds received the most net subscriptions with 494 million euros. Also net subscriptions of asset allocation funds (176 million euros), equity funds (121 million euros) and alternative funds (91 million euros) were positive. On the other hand, net subscriptions of long-term bond funds were negative, worth – 102 million euros.