The transactions in shares/units issued by euro area investment funds other than money market funds amounted to EUR 112 billion in the fourth quarter of 2009, while the transactions in shares/units issued by money market funds amounted to EUR -60 billion.
The annual growth rate of shares/units issued by euro area investment funds other than money market funds, calculated on the basis of transactions, was 8.5% in December 2009. For the same period, the
annual growth rate of shares/units issued by euro area money market funds was -3.6%.
Regarding the assets of euro area investment funds other than money market funds, the annual growth rate of securities other than shares was 13.0% in December 2009, with transactions amounting to EUR 62 billion during the fourth quarter. In the case of shares and other equity the corresponding annual growth rate was 13.3%, with fourth-quarter transactions of EUR 46 billion. For holdings of investment fund shares/units the annual growth rate was 3.1%, with fourth-quarter
transactions of EUR 14 billion.
In terms of the breakdown by investment policy, the annual growth rate of shares/units issued by bond funds was 11.2% in December 2009. The transactions in shares/units issued by bond funds
amounted to EUR 31 billion in the fourth quarter of 2009. The respective annual growth rate and transactions of equity funds were 15.3% and EUR 34 billion. For mixed funds the corresponding amounts
were 1.7% and EUR 32 billion.
Regarding the assets of euro area money market funds, the annual growth rate of securities other than shares was 6.0% in December 2009 (within this item, the annual growth rate of securities issued by
euro area residents was 8.9%), with transactions amounting to EUR -38 billion during the fourth quarter; for deposit and loan claims the annual growth rate was -37.0% and transactions equalled EUR -21 billion. For holdings of money market fund shares the annual growth rate was -14.4% with transactions of EUR -6 billion.
