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Euro Area Investment Fund Statistics: June 2010
added: 2010-08-22

In June 2010, the amount outstanding of shares/units issued by euro area investment funds other than money market funds was marginally lower than one quarter earlier in March 2010. This resulted from share/unit prices declining on average, but being partly offset by net issues of shares/units.

The amount outstanding of shares/units issued by euro area investment funds other than money market funds decreased to EUR 5,293 billion in June 2010, from EUR 5,301 billion in March 2010. Over the same period, the amount outstanding of shares/units issued by euro area money market funds decreased to EUR 1,167 billion from EUR 1,175 billion.

The transactions in shares/units issued by euro area investment funds other than money market funds amounted to EUR 23 billion in the second quarter of 2010, while the transactions in shares/units issued by money market funds amounted to EUR -48 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 10.0% in June 2010. For the same period, the annual rate of change of shares/units issued by euro area money market funds was -12.3%.

Regarding the assets of euro area investment funds other than money market funds, the
annual growth rate of securities other than shares was 10.2% in June 2010, with transactions amounting to EUR 3 billion during the second quarter. In the case of shares and other equity the corresponding annual growth rate was 11.7%, with second-quarter transactions of EUR -36 billion. For holdings of investment fund shares/units the annual growth rate was 9.2%, with second-quarter transactions of EUR
8 billion.

In terms of the breakdown by investment policy, the annual growth rate of shares/units issued by
bond funds was 11.8% in June 2010. The transactions in shares/units issued by bond funds amounted to EUR 17 billion in the second quarter of 2010. The annual growth rate and transactions of equity funds were 11.9% and EUR -20 billion respectively. For mixed funds the corresponding figures were 7.2% and EUR 17 billion.

Regarding the assets of euro area money market funds, the annual rate of change of securities
other than shares was -9.3% in June 2010, with transactions amounting to EUR -45 billion during the second quarter (within this item, the transactions in securities issued by euro area residents were EUR -34 billion); for deposits and loan claims the annual rate of change was -20.4% and transactions equalled EUR 2 billion.


Source: ECB

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