Finnish domiciled mutual funds received 309 million euros in net subscriptions in March. In addition, due to favorable market movements the combined net asset value of the funds increased by almost 500 million euros. The total net asset value at the end of March was 110.5 billion euros.
Fixed income funds received the most net subscriptions: 343 million euros and 265 million euros for bond funds and money market funds respectively. Also asset allocation funds (127 million euros) and alternative funds (97 million euros) received positive net subscriptions. Equity funds on the other hand experienced a negative flow of 523 million euros.