Net flows into mutual funds totaled 254 million euros in April

Net flows into mutual funds domiciled in Finland totaled 254 million euros in April. In addition, due to favorable market movements the funds’ combined asset value increased by around 800 billion euros. At the end of April the aggregate net asset value of Finnish mutual funds was 111.5 billion euros.

The fund class with the largest net inflows, 274 million euros, was short-term bond funds. Net flow into asset allocation fund totaled 123 million euros and net inflows to alternative funds 15 million euros. Net flows into long-term bond funds and equity funds were negative, -85 million euros and -74 respectively.