Mutual Fund net flows 87 million euros in October

Net flows to Finnish domiciled mutual funds were 87 million euros in October 2017. Moreover, as a result of favorable market development, fund’s net assets increased approximately by 2 billion euros. At the end of the month total net assets were 116,5 billion euros.

Largest net flows (130 million euros) were invested into asset allocation funds, which are typically favored by households. Long-term bond funds and alternative funds received 96 million and 28 million euros respectively. Short-term bond funds and equity funds experienced negative net flows of 121 million and 46 million euros.