Mutual fund net flows almost 400 million in August

Net flows to Finnish domiciled mutual funds were 394 million euros in August. The end-of-month asset value was 114,1 billion euros.

Asset allocation funds experienced the largest net flows with 204 million euros. Long-term bond funds, equity funds and alternative funds received 142 million, 82 million and 7 million euros respectively. Short-term bond funds had negative flows as 41 million euros was redeemed in August