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The volume of assets entrusted by investors in Switzerland to the fund industry came to CHF 1,215,102 million in June 2020 (May 2020: CHF 1,195,948 million).

"As in both of the preceding months, the financial markets were in positive territory in June - albeit with some leading exchanges once again posting slower growth rates. Volumes on the Swiss fund market rose accordingly. The inflow trend continued, although inflows were lower than in May. Bond funds attracted the most new money," said Markus Fuchs, Managing Director of the Swiss Funds & Asset Management Association SFAMA.

By comparison, the figures for selected indexes in June 2020 were as follows (May 2020 in brackets): Dow Jones 1.69% (4.26%), S&P 500 1.84% (4.53%), EURO STOXX 50 6.03% (4.18%), SMI 2.17% (2.10%), SBI 0.18% (0.13%), and Bloomberg Barclays US Aggregate Bond Index 0.63% (0.47%). The CHF gained 0.32% against the EUR and 1.48% against the USD.

Net inflows totaled CHF 1.9 billion in June 2020. Bond funds were clearly out in front with inflows of CHF 3.3 billion, whereas five fund categories posted outflows. Equity funds fared worst (CHF -0.8 billion), followed by money market funds (CHF -0.5 billion) and mixed-asset funds (CHF -0.2 billion). There were no changes in the ranking of the most popular asset classes: equity funds 40.23%, bond funds 32.77%, mixed-asset funds 10.87%, and money market funds 9.12%.

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