In March, the growth of fund capital was attributed to favorable market developments, with several global stock indices rising. The Nordic countries, except for Finland, also saw increases in their stock indices. According to a report by Suomen Sijoitustutkimus for Finanssiala ry, a total of 1.03 billion euros were invested in investment funds registered in Finland during the month. By the end of March, the total value of fund capital had reached 159 billion euros.
Investments in various types of funds were made in March, with 624 million euros going to equity funds, 59 million euros to mixed funds, 93 million euros to long-interest funds, and 205 million euros to short-interest funds. Additionally, 52 million euros were invested in alternative funds during the month.
Fixed income investors had a profitable month due to high interest rates and falling short-term Euribor rates, which positively impacted the valuations of short-interest funds investing in the euro area. Diversifying investments was evident in the 12-month returns of fund classes, with long-term interest funds showing negative returns across all categories. However, share fund categories except those investing in Finland saw positive 12-month returns. Maria Somerla, an expert in the financial industry, commented on these trends in her bulletin for March.
Overall, March was a promising month for investors looking to grow their fund capital through favorable market developments and diversification strategies.
