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Concepts and definitions

Fund management company

A limited liability company which primarily engages in fund management.

A fund management company usually manages and operates several investment funds. Establishment of a fund management company is subject to concession from the Financial Supervision Agency.

Fund management companies are nowadays allowed to offer their customers investment advice and individual asset management services.

Fund value

The fund's total market value minus any debts.

Investment fund

A fund management company raises capital from private and corporate customers and invests it in the securities which make up the investment fund.

Mutual fund share

A mutual fund is divided into equal shares conferring equal rights to the fund's assets.

Net subscriptions of mutual fund shares

Subscriptions minus redemptions of shares in mutual funds during a specific period of time.

Referencing instructions:

Official Statistics of Finland (OSF): Financial statements of mutual funds and investment management companies [e-publication].
Helsinki: Statistics Finland [referred: 22.12.2024].
Access method: http://www.stat.fi/til/srahy/kas_en.html