A total of EUR 215 million was redeemed in November for mutual funds registered in Finland. However, the fund capital increased due to favorable market developments. The total value of fund assets at the end of the month was EUR 123 billion.
EUR 283 million was invested in asset allocation funds and EUR 18 million in alternative funds. Assets were redeemed from EUR 285 million in long-term funds, EUR 194 million from short-term funds and EUR 36 million from equity funds. Since the beginning of the year, equity funds have lost EUR 4.6 billion.