597 million was invested in funds in June

In June, a total of 597 million of new capital was invested in mutual funds domiciled in Finland. Fund capital also grew due to favorable market developments. The total value of fund capital at the end of the month was 117 billion.

Bond and short-term funds had 328 million and 190 million euros worth of subscriptions respectively. 88 million was invested in alternative funds. Total of 43 million were redeemed from equity funds. Since the beginning of the year, equity funds have lost over 3.8 billion.