821 million-euro negative flows from mutual funds in November

Net 821 million euros were redeemed from Finnish domiciled mutual funds during November. All the fund classes experienced net redemptions. Due to redemptions, total assets of Finnish domiciled funds decreased to 111 million euros.

Redemptions mainly focused on long-term bond funds, in total 273 million euros. Nearly as much of capital was redeemed from equity funds and short-term bond funds, 253 million and 204 million euros respectively. Redemption of allocation funds and alternative funds were not as significant in November.