12 October 2001, 13:19 Japan end-Sept mutual fund net assets 51.6 trln yen vs 52.3 end-August
TOKYO (FWN) - Mutual funds' net assets fell to 55.7 trln yen at the
end of September from 58.5 trln at end-August, the Investment Trust
Association said.
New mutual funds set up in September totalled 6.2 trln yen, compared with
new funds of 6.1 trln set up in August, it said.
Cancellations of funds in September totalled 7.3 trln yen, with
redemptions totalling 782.3 bln.
New stock market mutual funds set up in September totalled 470.9 bln yen,
with cancellation of funds totalling 358.5 bln and redemptions 10.5 bln, it
said.
New long-term bond market mutual funds set up in September totalled 413.1
bln yen, with cancellation of funds totalling 942.4 bln, it said.
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