10 million euros of new investments to mutual funds

Finnish domiciled funds received 10 million euros of net subscriptions during July. At the end of the month, net asset value of the funds totaled at 117 billion euros.

Most net subscriptions were made in money market funds, almost 100 million euros. Alternative and asset allocation funds also experienced positive net flows. On the other hand, bond and equity funds lost capital in net subscriptions. Alternative funds have gained the largest amount of new investments since the beginning of the year. This classification includes e.g. real estate funds which have increased their popularity during recent years.