Mutual funds domiciled in Finland experienced negative net flows of 75 million euros in June. Due to unfavorable market movements the total net assets decreased almost 1,5 billion euros. At the end of month, the total net assets were 115,3 billion euros.
Most assets were redeemed from long-term bond funds with 364 million euros. In turn, short-term bond funds received 113 million euros in net subscriptions. Alternative funds and asset allocation funds also received net subscriptions of 128 million and 50 million euros respectively.