INTERNATIONAL INVESTMENT FUNDS
ASSOCIATION
INTERNATIONAL DATA EXCHANGE
WORLDWIDE ASSETS, FLOWS, AND NUMBER OF INVESTMENT FUNDS
2005: Q1
Prepared by: Contact:
Investment Company Institute Annalisa Abate
1401 H Street , NW (202) 326-5958
Washington, DC 20005, U.S.A. aabate@ici.org
All data contained in the release for the internal use of the associations participating in the
International Data Exchange and their member organizations. The statistical release and data
series may not be distributed to any other party. For further information, contact Sarah Holden at the
Investment Company Institute at (202) 326-5915 or sholden@ici.org.
5/16/2006
Title U.S. Dollars Euro Local Currency
TOTAL NET ASSETS
Total Net Assets by Type of Fund Table 1 Table 9 Table 17
Total Net Assets of Domestic and Foreign/International
Equity, Bond, and Money Market Funds Table 2 Table 10 Table 18
TOTAL SALES
Total Sales by Type of Fund Table 3 Table 11 Table 19
Total Sales of Domestic and Foreign/International
Equity, Bond, and Money Market Funds Table 4 Table 12 Table 20
TOTAL REDEMPTIONS
Total Redemptions by Type of Fund Table 5 Table 13 Table 21
Total Redemptions of Domestic and Foreign/International
Equity, Bond, and Money Market Funds Table 6 Table 14 Table 22
TOTAL NET SALES
Total Net Sales by Type of Fund Table 7 Table 15 Table 23
Total Net Sales of Domestic and Foreign/International
Equity, Bond, and Money Market Funds Table 8 Table 16 Table 24
NUMBER of FUNDS
Number of Funds by Type of Fund Table 25
Number of Domestic and Foreign/International
Equity, Bond, and Money Market Funds Table 26
EXCHANGE RATES
Exchange Rates by Country E.1
DEFINITIONS of TERMS and CLASSIFICATIONS
Definitions of Types of Funds D.1
Definitions of Domestic Funds and Foreign/International Funds D.2
Domicile of Funds and Source of Assets D.3
Treatment of Share Classes, Master-Feeder Structures, and
Umbrella Funds In Counting Number of Funds D.4
Table of Contents
Table 1
TOTAL NET ASSETS BY TYPE OF FUND,1 2005:Q1
Millions of U.S. dollars, end of quarter2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 16,150,574 7,221,149 3,342,351 1,426,402 3,269,706 416,178 256,556 447,408
Americas 8,753,775 4,570,920 1,539,669 651,419 1,933,178 58,589 191,028 336,111
Argentina 3,040 762 396 114 1,768 0 0 0
Brazil 231,979 15,969 159,948 45,137 7,835 3,091 52 121,789
Canada 424,050 198,014 50,052 79,796 41,029 55,159 0 0
Chile 11,874 998 4,350 940 5,247 339 0 0
Costa Rica 971 2 380 0 589 0 0 0
Mexico 35,475 5,536 28,880 67 992 0 0 150
United States 8,046,386 4,349,639 1,295,663 525,366 1,875,719 0 190,976 214,172
Europe 5,633,620 1,854,809 1,420,393 699,874 1,058,431 125,327 44,455 71,517
Austria 103,604 18,056 63,565 8,001 13,270 712 0 16,814
Belgium 114,485 71,231 11,657 28,641 2,927 29 6,517 12,263
Czech Republic 4,899 232 980 843 2,844 0 16 62
Denmark 65,380 21,194 43,577 609 0 0 975 0
Finland 41,375 14,574 8,148 3,526 14,642 485 0 0
France 1,366,017 345,750 255,780 289,356 475,131 0 0 0
Germany 288,929 127,903 95,140 20,020 43,650 2,216 14,290 10,107
Greece 40,387 6,568 12,948 2,217 18,654 0 0 3
Hungary 5,819 454 2,804 57 2,496 7 8 179
Ireland 474,790 0 0 0 0 0 0 0
Italy 485,943 95,604 192,970 94,282 103,086 0 5,237 0
Liechtenstein 12,417 5,741 3,536 756 2,383 0 526 1,067
Luxembourg6 1,432,519 497,386 483,975 96,115 248,201 106,843 0 0
Netherlands 96,955 44,658 24,809 13,273 1,399 12,816 0 0
Norway7 31,084 16,951 4,376 1,199 8,559 0 682 0
Poland 12,382 1,439 4,782 4,388 1,765 8 6 0
Portugal 29,824 2,362 13,238 2,416 11,428 380 127 1,449
Romania 88 11 12 20 45 0 0 0
Russia 1,454 910 182 361 1 0 0 0
Slovakia 2,665 69 937 187 1,474 0 69 0
Spain 311,853 105,391 89,716 47,693 69,053 0 0 0
Sweden 107,775 73,378 6,611 18,287 7,668 1,832 4,223 1,838
Switzerland 92,575 38,231 18,165 25,286 10,894 0 2,454 1,869
Turkey 19,442 618 2,747 2,196 13,883 0 11 0
United Kingdom 490,960 366,099 79,738 40,142 4,980 0 9,313 25,866
Asia and Pacific 1,711,987 779,420 378,486 66,259 261,111 226,711 20,507 33,673
Australia8 648,218 251,820 53,931 0 134,149 208,317 0 0
Hong Kong 359,241 227,245 92,978 21,393 14,255 3,371 16,651 0
India 31,543 8,015 9,009 952 12,360 1,208 0 224
Japan 395,767 269,733 94,044 0 31,990 0 3,856 29,210
Korea, Rep. of 186,659 10,399 64,687 35,491 67,618 8,464 0 3,278
New Zealand 10,686 1,734 1,043 3,546 737 3,626 0 0
Philippines 1,157 36 1,071 49 2 0 0 0
Taiwan 78,716 10,438 61,725 4,829 0 1,725 0 961
Africa 51,192 16,001 3,802 8,851 16,987 5,551 567 6,107
South Africa 51,192 16,001 3,802 8,851 16,987 5,551 567 6,107
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to U.S. dollars are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity is included in equity and in total.
5 Funds of funds are not included in total, except for France, Italy and Luxembourg.
6 Total net assets data for Other Funds includes UCITS and Non-UCITS.
7 Funds of funds last reported 09/30/2003. As of that date, fund of funds assets were $824 million.
8 Funds of funds last reported 12/31/2004. As of that date, fund of funds assets were $192,439 million.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 2
TOTAL NET ASSETS OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of U.S. dollars, end of quarter2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 4,341,137 1,861,078 2,282,492 403,101 2,813,178 39,315
Americas 3,748,346 822,574 1,477,197 62,472 1,930,757 2,421
Argentina 762 0 396 0 1,768 0
Brazil 15,969 0 159,291 657 7,835 0
Canada 99,313 98,700 44,932 5,119 39,468 1,561
Chile 836 162 3,319 1,031 4,725 522
Costa Rica 0 2 358 23 589 0
Mexico 4,739 797 13,173 15,707 654 338
United States 3,626,726 722,913 1,255,728 39,935 1,875,719 0
Europe 551,020 806,408 665,771 245,839 784,072 23,285
Austria 1,108 16,948 33,189 30,377 9,915 3,356
Belgium 4,972 66,258 10,073 1,584 1,807 1,120
Czech Republic 0 232 0 980 211 2,633
Denmark 3,957 17,237 28,230 15,347 0 0
Finland 2,971 11,603 4,942 3,206 14,617 25
France 159,716 186,033 156,605 99,175 473,445 1,685
Germany 31,895 96,009 77,172 17,968 42,709 941
Greece 5,493 1,076 7,321 5,628 13,861 4,793
Hungary 87 367 2,786 19 2,496 0
Ireland 0 0 0 0 0 0
Italy 18,017 77,588 148,452 44,518 103,052 32
Liechtenstein 40 5,701 1,283 2,254 1,742 640
Luxembourg 0 0 0 0 0 0
Netherlands 8,112 36,548 0 0 0 0
Norway 6,394 10,558 2,927 1,448 8,559 0
Poland 1,323 116 3,399 1,383 1,765 0
Portugal 1,011 1,351 12,841 397 11,419 9
Romania 11 0 12 0 45 0
Russia 910 0 182 0 1 0
Slovakia 0 69 801 135 0 0
Spain 43,956 61,436 86,963 2,754 69,053 0
Sweden 21,300 52,077 5,881 730 7,633 35
Switzerland 20,165 18,066 5,558 12,607 2,879 8,015
Turkey 617 1 2,747 0 13,883 0
United Kingdom 218,965 147,134 74,410 5,329 4,980 0
Asia and Pacific 27,826 230,040 136,014 94,498 81,363 13,609
Australia 0 0 0 0 0 0
Hong Kong 1,278 225,966 0 92,978 645 13,609
India 8,015 0 9,009 0 12,360 0
Japan 0 0 0 0 0 0
Korea, Rep. of 10,263 135 63,685 1,001 67,618 0
New Zealand 548 1,186 891 152 737 0
Philippines 36 0 1,071 0 2 0
Taiwan 7,685 2,752 61,358 367 0 0
Africa 13,946 2,056 3,510 292 16,987 0
South Africa 13,946 2,056 3,510 292 16,987 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount
that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to U.S. dollars are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity, reported in a separate memoranda column in Table 1, is included in domestic and foreign/international equity.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY3,4 BOND3 MONEY MARKET3
Table 3
TOTAL SALES BY TYPE OF FUND,1 2005:Q1
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 4,385,735 543,693 458,839 96,893 3,244,671 41,636 24,570 39,380
Americas 3,269,316 333,533 143,828 45,222 2,741,122 5,612 21,205 26,692
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 36,831 9,548 4,646 6,181 10,845 5,612 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 26,540 679 24,563 8 1,291 0 0 132
United States 3,205,945 323,306 114,619 39,033 2,728,987 0 21,205 26,560
Europe 710,624 160,365 146,768 35,310 340,031 28,148 1,973 2,160
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 571 48 83 68 373 0 1 5
Denmark 4,583 1,641 2,919 23 0 0 49 0
Finland 0 0 0 0 0 0 0 0
France 0 0 0 0 0 0 0 0
Germany 0 0 0 0 0 0 0 0
Greece 0 0 0 0 0 0 0 0
Hungary 0 0 0 0 0 0 0 0
Ireland 0 0 0 0 0 0 0 0
Italy 61,528 10,156 26,486 10,068 14,816 0 123 0
Liechtenstein 1,432 813 249 61 309 0 85 96
Luxembourg6 537,257 103,594 87,258 16,255 302,407 27,743 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 5,155 2,350 853 190 1,760 0 193 0
Poland 0 0 0 0 0 0 0 0
Portugal 5,779 261 1,880 203 3,298 136 17 231
Romania 47 7 4 4 31 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 51,774 14,919 18,745 4,507 13,602 0 0 0
Sweden 9,761 5,631 969 1,071 1,823 268 550 237
Switzerland 5,592 3,352 1,251 417 571 0 228 190
Turkey 0 0 0 0 0 0 0 0
United Kingdom 27,147 17,594 6,071 2,443 1,040 0 726 1,401
Asia and Pacific 393,211 47,918 167,874 15,069 156,187 6,164 1,362 9,709
Australia 0 0 0 0 0 0 0 0
Hong Kong 4,211 2,093 700 186 203 1,030 177 69
India 48,812 3,412 8,901 194 36,090 215 0 352
Japan 142,258 37,229 101,684 3,345 0 0 1,186 7,778
Korea, Rep. of 148,727 3,821 9,886 10,613 119,894 4,512 0 1,346
New Zealand 0 0 0 0 0 0 0 0
Philippines 251 10 236 4 1 0 0 0
Taiwan 48,953 1,354 46,465 727 0 407 0 165
Africa 12,583 1,877 370 1,293 7,330 1,713 30 819
South Africa 12,583 1,877 370 1,293 7,330 1,713 30 819
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to U.S. dollars are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity is included in equity and in total.
5 Funds of funds are not included in total, except for Italy and Luxembourg.
6 Sales data for Other Funds includes UCITS and Non-UCITS.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 4
TOTAL SALES OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 286,378 112,672 177,062 23,442 2,783,953 621
Americas 257,858 75,673 121,276 22,551 2,740,501 621
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 4,846 4,701 4,155 489 10,377 467
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 352 327 9,230 15,333 1,137 154
United States 252,661 70,645 107,891 6,728 2,728,987 0
Europe 22,620 34,154 4 0 31 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 48 0 0 0 0
Denmark 232 1,409 0 0 0 0
Finland 0 0 0 0 0 0
France 0 0 0 0 0 0
Germany 0 0 0 0 0 0
Greece 0 0 0 0 0 0
Hungary 0 0 0 0 0 0
Ireland 0 0 0 0 0 0
Italy 2,335 7,819 0 0 0 0
Liechtenstein 0 813 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 462 1,889 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 60 202 0 0 0 0
Romania 7 0 4 0 31 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 5,738 9,180 0 0 0 0
Sweden 1,712 3,919 0 0 0 0
Switzerland 1,830 1,522 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 10,243 7,352 0 0 0 0
Asia and Pacific 4,264 2,604 55,537 766 36,091 0
Australia 0 0 0 0 0 0
Hong Kong 38 2,054 0 700 0 0
India 3,412 0 8,901 0 36,090 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 0 0 0 0 0 0
Philippines 10 0 236 0 1 0
Taiwan 804 550 46,400 66 0 0
Africa 1,636 241 244 125 7,330 0
South Africa 1,636 241 244 125 7,330 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount
that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to U.S. dollars are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity, reported in a separate memoranda column in Table 3, is included in domestic and foreign/international equity.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY3,4 BOND3 MONEY MARKET3
Table 5
TOTAL REDEMPTIONS BY TYPE OF FUND,1 2005:Q1
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 4,226,307 445,544 407,846 60,789 3,292,897 19,230 24,687 13,362
Americas 3,221,511 282,660 125,938 26,721 2,784,476 1,716 20,695 9,092
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 27,907 10,523 1,942 2,942 10,784 1,716 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 26,468 798 24,287 34 1,348 0 0 10
United States 3,167,136 271,339 99,709 23,745 2,772,343 0 20,695 9,082
Europe 616,957 128,557 105,761 22,204 347,576 12,860 2,048 1,269
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 398 32 47 154 164 0 1 3
Denmark 1,748 644 1,087 18 0 0 49 0
Finland 0 0 0 0 0 0 0 0
France 0 0 0 0 0 0 0 0
Germany 0 0 0 0 0 0 0 0
Greece 0 0 0 0 0 0 0 0
Hungary 0 0 0 0 0 0 0 0
Ireland 0 0 0 0 0 0 0 0
Italy 67,537 13,589 27,335 6,914 19,698 0 317 0
Liechtenstein 1,305 768 101 19 417 0 17 57
Luxembourg6 456,848 77,233 54,334 10,250 302,248 12,783 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 3,361 1,578 441 107 1,235 0 99 0
Poland 0 0 0 0 0 0 0 0
Portugal 5,172 237 1,424 85 3,421 4 5 111
Romania 36 3 2 1 29 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 44,673 9,659 15,143 2,072 17,800 0 0 0
Sweden 6,240 3,536 654 436 1,541 74 499 129
Switzerland 6,057 3,705 1,002 815 534 0 195 65
Turkey 0 0 0 0 0 0 0 0
United Kingdom 23,583 17,573 4,191 1,331 488 0 866 904
Asia and Pacific 377,090 33,000 175,912 11,011 153,842 3,326 1,900 2,679
Australia 0 0 0 0 0 0 0 0
Hong Kong 3,062 1,482 248 126 200 1,006 128 47
India 50,189 2,379 9,917 252 37,362 279 0 320
Japan 131,157 25,581 100,523 0 5,052 0 1,772 1,742
Korea, Rep. of 144,212 1,975 20,003 9,138 111,227 1,870 0 265
New Zealand 0 0 0 0 0 0 0 0
Philippines 87 1 85 1 0 0 0 0
Taiwan 48,384 1,582 45,136 1,494 0 172 0 306
Africa 10,749 1,327 236 853 7,004 1,328 44 322
South Africa 10,749 1,327 236 853 7,004 1,328 44 322
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to U.S. dollars are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity is included in equity and in total.
5 Funds of funds are not included in total, except for Italy and Luxembourg.
6 Redemption data for Other Funds includes UCITS and Non-UCITS.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 6
TOTAL REDEMPTIONS OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 261,084 79,673 162,708 18,854 2,828,213 659
Americas 238,285 44,375 107,462 18,476 2,783,817 659
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 4,855 5,670 1,699 242 10,298 486
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 445 353 9,059 15,228 1,176 173
United States 232,986 38,353 96,703 3,006 2,772,343 0
Europe 18,019 33,306 2 0 29 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 32 0 0 0 0
Denmark 133 510 0 0 0 0
Finland 0 0 0 0 0 0
France 0 0 0 0 0 0
Germany 0 0 0 0 0 0
Greece 0 0 0 0 0 0
Hungary 0 0 0 0 0 0
Ireland 0 0 0 0 0 0
Italy 1,808 11,781 0 0 0 0
Liechtenstein 2 767 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 581 997 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 71 167 0 0 0 0
Romania 3 0 2 0 29 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 3,328 6,332 0 0 0 0
Sweden 1,083 2,453 0 0 0 0
Switzerland 1,583 2,122 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 9,426 8,145 0 0 0 0
Asia and Pacific 3,635 1,809 55,023 363 37,362 0
Australia 0 0 0 0 0 0
Hong Kong 34 1,449 0 248 0 0
India 2,379 0 9,917 0 37,362 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 0 0 0 0 0 0
Philippines 1 0 85 0 0 0
Taiwan 1,221 360 45,022 114 0 0
Africa 1,144 183 220 15 7,004 0
South Africa 1,144 183 220 15 7,004 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount
that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to U.S. dollars are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity, reported in a separate memoranda column in Table 5, is included in domestic and foreign/international equity.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MONEY MARKET3BOND3EQUITY3,4
Table 7
TOTAL NET SALES BY TYPE OF FUND,1 2005:Q1
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 214,969 103,190 99,295 11,207 -20,716 21,989 -1,131 26,692
Americas 53,302 50,915 45,623 -5,542 -41,499 3,806 500 17,601
Argentina 0 0 0 0 0 0 0 0
Brazil 5,497 43 27,734 -24,043 1,853 -90 -10 0
Canada 8,924 -976 2,704 3,239 60 3,896 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 72 -119 276 -27 -58 0 0 122
United States 38,810 51,967 14,910 15,288 -43,355 0 510 17,479
Europe 143,829 36,823 61,608 15,653 14,756 14,984 -1,080 1,560
Austria 5,195 540 2,780 -39 1,837 77 0 337
Belgium 0 0 0 0 0 0 0 0
Czech Republic 174 15 36 -87 209 0 0 2
Denmark 2,834 997 1,832 5 0 0 0 0
Finland 3,622 252 598 125 2,651 -4 0 0
France 39,339 7,999 11,408 3,147 16,785 0 0 0
Germany 3,068 -3,045 2,741 1,521 1,852 0 -1,008 290
Greece -871 -226 3,065 -2,259 -1,452 0 0 1
Hungary 1,150 38 535 12 562 3 2 40
Ireland 0 0 0 0 0 0 0 0
Italy -6,010 -3,433 -850 3,154 -4,882 0 -194 0
Liechtenstein 128 45 149 41 -108 0 68 39
Luxembourg6 80,409 26,361 32,924 6,004 159 14,961 0 0
Netherlands -1,912 -548 -746 25 -268 -376 0 0
Norway 1,793 772 413 83 525 0 95 0
Poland 0 0 0 0 0 0 0 0
Portugal 603 24 455 118 -123 130 12 121
Romania 11 4 2 3 2 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 572 3 220 16 333 0 2 0
Spain 7,101 5,260 3,602 2,435 -4,197 0 0 0
Sweden 3,521 2,095 315 635 282 194 51 108
Switzerland -466 -353 249 -399 37 0 33 124
Turkey 0 0 0 0 0 0 0 0
United Kingdom 3,566 23 1,879 1,112 552 0 -140 497
Asia and Pacific 16,003 14,902 -8,070 657 5,701 2,813 -537 7,035
Australia 0 0 0 0 0 0 0 0
Hong Kong 1,149 610 452 60 3 24 49 23
India -1,377 1,033 -1,016 -59 -1,272 -64 0 32
Japan 11,101 11,647 1,161 0 -1,707 0 -587 6,036
Korea, Rep. of 4,515 1,846 -10,116 1,475 8,667 2,643 0 1,086
New Zealand -118 -16 -32 -56 10 -25 0 0
Philippines 164 9 151 3 0 0 0 0
Taiwan 569 -228 1,329 -767 0 235 0 -141
Africa 1,834 550 134 439 326 385 -14 496
South Africa 1,834 550 134 439 326 385 -14 496
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero or negative zero indicates an amount that is
between -0.499 million and 0.499 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to U.S. dollars are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity is included in equity and in total.
5 Funds of funds are not included in total, except for France, Italy and Luxembourg.
6 Sales data for Other Funds includes UCITS and Non-UCITS.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 8
TOTAL NET SALES OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 23,723 31,613 42,278 4,366 -42,396 -38
Americas 19,617 31,298 41,767 3,855 -41,462 -38
Argentina 0 0 0 0 0 0
Brazil 43 0 27,953 -219 1,853 0
Canada -8 -968 2,456 247 79 -19
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico -93 -26 170 105 -39 -19
United States 19,675 32,292 11,188 3,722 -43,355 0
Europe 2,980 -519 2 0 2 0
Austria 147 393 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 15 0 0 0 0
Denmark 98 899 0 0 0 0
Finland 34 216 0 0 0 0
France 0 0 0 0 0 0
Germany -1,445 -1,601 0 0 0 0
Greece -235 10 0 0 0 0
Hungary 9 28 0 0 0 0
Ireland 0 0 0 0 0 0
Italy 530 -3,963 0 0 0 0
Liechtenstein -2 46 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands -136 -410 0 0 0 0
Norway -120 892 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -10 35 0 0 0 0
Romania 4 0 2 0 2 0
Russia 0 0 0 0 0 0
Slovakia 0 3 0 0 0 0
Spain 2,411 2,848 0 0 0 0
Sweden 629 1,466 0 0 0 0
Switzerland 246 -599 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 819 -798 0 0 0 0
Asia and Pacific 633 777 485 400 -1,262 0
Australia 0 0 0 0 0 0
Hong Kong 4 606 0 452 0 0
India 1,033 0 -1,016 0 -1,272 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 4 -19 -29 -3 10 0
Philippines 9 0 151 0 0 0
Taiwan -418 190 1,378 -49 0 0
Africa 492 58 24 110 326 0
South Africa 492 58 24 110 326 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero or negative zero
indicates an amount that is between -0.499 million and 0.499 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to U.S. dollars are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity, reported in a separate memoranda column in Table 7, is included in domestic and foreign/international equity.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY3,4 BOND3 MONEY MARKET3
Table 9
TOTAL NET ASSETS BY TYPE OF FUND,1 2005:Q1
Millions of euros, end of quarter2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 12,458,017 5,570,155 2,578,178 1,100,279 2,522,143 321,026 197,899 345,115
Americas 6,752,372 3,525,856 1,187,650 502,483 1,491,189 45,194 147,353 259,265
Argentina 2,345 588 305 88 1,364 0 0 0
Brazil 178,941 12,318 123,378 34,817 6,043 2,384 40 93,944
Canada 327,098 152,741 38,608 61,552 31,648 42,548 0 0
Chile 9,159 770 3,356 725 4,047 261 0 0
Costa Rica 749 1 293 0 454 0 0 0
Mexico 27,364 4,270 22,277 52 765 0 0 116
United States 6,206,716 3,355,167 999,432 405,250 1,446,867 0 147,313 165,205
Europe 4,345,588 1,430,738 1,095,644 539,859 816,438 96,673 34,291 55,166
Austria 79,917 13,928 49,032 6,172 10,236 549 0 12,970
Belgium 88,310 54,945 8,992 22,093 2,258 22 5,027 9,459
Czech Republic 3,779 179 756 650 2,194 0 12 48
Denmark 50,432 16,348 33,614 470 0 0 752 0
Finland 31,915 11,242 6,285 2,720 11,294 374 0 0
France 1,053,700 266,700 197,300 223,200 366,500 0 0 0
Germany 222,870 98,660 73,388 15,443 33,670 1,709 11,023 7,796
Greece 31,153 5,066 9,988 1,710 14,389 0 0 2
Hungary 4,489 350 2,163 44 1,925 6 6 138
Ireland 366,237 0 0 0 0 0 0 0
Italy 374,840 73,746 148,851 72,726 79,517 0 4,040 0
Liechtenstein 9,578 4,429 2,728 583 1,838 0 406 823
Luxembourg6 1,104,998 383,667 373,322 74,140 191,454 82,415 0 0
Netherlands 74,788 34,448 19,137 10,238 1,079 9,886 0 0
Norway7 23,977 13,075 3,375 925 6,602 0 526 0
Poland 9,551 1,110 3,689 3,385 1,362 6 5 0
Portugal 23,005 1,822 10,211 1,864 8,815 293 98 1,118
Romania 68 9 9 16 35 0 0 0
Russia 1,122 702 140 279 1 0 0 0
Slovakia 2,056 53 723 145 1,137 0 53 0
Spain 240,553 81,295 69,204 36,789 53,265 0 0 0
Sweden 83,134 56,601 5,099 14,106 5,915 1,413 3,257 1,418
Switzerland 71,410 29,490 14,012 19,505 8,403 0 1,893 1,442
Turkey 14,997 476 2,119 1,694 10,709 0 9 0
United Kingdom 378,710 282,397 61,508 30,964 3,842 0 7,184 19,952
Asia and Pacific 1,320,570 601,218 291,952 51,110 201,412 174,877 15,818 25,974
Australia8 500,014 194,246 41,601 0 103,478 160,689 0 0
Hong Kong 277,107 175,289 71,720 16,502 10,996 2,600 12,844 0
India 24,331 6,182 6,949 734 9,534 932 0 173
Japan 305,282 208,063 72,543 0 24,676 0 2,975 22,532
Korea, Rep. of 143,982 8,021 49,897 27,377 52,158 6,529 0 2,528
New Zealand 8,243 1,338 804 2,735 569 2,797 0 0
Philippines 892 28 826 37 1 0 0 0
Taiwan 60,719 8,051 47,612 3,725 0 1,330 0 741
Africa 39,488 12,343 2,933 6,827 13,103 4,282 437 4,711
South Africa 39,488 12,343 2,933 6,827 13,103 4,282 437 4,711
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to euros are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity is included in equity and in total.
5 Funds of funds are not included in total, except for France, Italy and Luxembourg.
6 Total net assets data for Other Funds includes UCITS and Non-UCITS.
7 Funds of funds last reported 09/30/2003. As of that date, fund of funds assets were 707 million.
8 Funds of funds last reported 12/31/2004. As of that date, fund of funds assets were 141,281 million.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 10
TOTAL NET ASSETS OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of euros, end of quarter2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 3,348,610 1,435,574 1,760,638 310,938 2,171,129 30,326
Americas 2,891,350 634,506 1,139,461 48,189 1,489,322 1,868
Argentina 588 0 305 0 1,364 0
Brazil 12,318 0 122,872 506 6,043 0
Canada 76,607 76,134 34,659 3,949 30,444 1,204
Chile 645 125 2,560 796 3,644 403
Costa Rica 0 1 276 18 454 0
Mexico 3,656 615 10,161 12,116 504 261
United States 2,797,536 557,631 968,627 30,805 1,446,867 0
Europe 425,039 622,036 513,554 189,632 605,944 17,961
Austria 855 13,073 25,601 23,432 7,648 2,589
Belgium 3,835 51,109 7,770 1,222 1,394 864
Czech Republic 0 179 0 756 163 2,031
Denmark 3,052 13,296 21,775 11,838 0 0
Finland 2,292 8,950 3,812 2,473 11,275 19
France 123,200 143,500 120,800 76,500 365,200 1,300
Germany 24,603 74,058 59,528 13,860 32,944 726
Greece 4,237 830 5,647 4,341 10,692 3,697
Hungary 67 283 2,149 14 1,925 0
Ireland 0 0 0 0 0 0
Italy 13,898 59,849 114,511 34,340 79,491 25
Liechtenstein 31 4,398 989 1,738 1,344 494
Luxembourg 0 0 0 0 0 0
Netherlands 6,257 28,192 0 0 0 0
Norway 4,932 8,144 2,258 1,117 6,602 0
Poland 1,020 89 2,622 1,067 1,362 0
Portugal 780 1,042 9,905 306 8,808 7
Romania 9 0 9 0 35 0
Russia 702 0 140 0 1 0
Slovakia 0 53 618 105 1,137 0
Spain 33,906 47,390 67,080 2,124 53,265 0
Sweden 16,430 40,171 4,536 563 5,888 27
Switzerland 15,555 13,935 4,287 9,725 2,221 6,182
Turkey 476 1 2,119 0 10,709 0
United Kingdom 168,902 113,495 57,397 4,110 3,842 0
Asia and Pacific 21,464 177,446 104,916 72,892 62,760 10,498
Australia 0 0 0 0 0 0
Hong Kong 986 174,303 0 71,720 498 10,498
India 6,182 0 6,949 0 9,534 0
Japan 0 0 0 0 0 0
Korea, Rep. of 7,917 104 49,125 772 52,158 0
New Zealand 423 915 687 117 569 0
Philippines 28 0 826 0 1 0
Taiwan 5,928 2,123 47,330 283 0 0
Africa 10,757 1,586 2,707 226 13,103 0
South Africa 10,757 1,586 2,707 226 13,103 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount
that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to euros are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity, reported in a separate memoranda column in Table 9, is included in domestic and foreign/international equity.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY3,4 BOND3 MONEY MARKET3
Table 11
TOTAL SALES BY TYPE OF FUND,1 2005:Q1
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 3,344,570 414,621 349,912 73,891 2,474,392 31,752 18,737 30,031
Americas 2,493,187 254,353 109,683 34,486 2,090,385 4,279 16,171 20,355
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 28,087 7,281 3,543 4,714 8,270 4,279 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 20,239 518 18,732 6 984 0 0 100
United States 2,444,860 246,554 87,409 29,767 2,081,131 0 16,171 20,255
Europe 541,924 122,295 111,926 26,927 259,308 21,466 1,504 1,647
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 436 36 63 51 284 0 1 4
Denmark 3,495 1,251 2,226 17 0 0 37 0
Finland 0 0 0 0 0 0 0 0
France 0 0 0 0 0 0 0 0
Germany 0 0 0 0 0 0 0 0
Greece 0 0 0 0 0 0 0 0
Hungary 0 0 0 0 0 0 0 0
Ireland 0 0 0 0 0 0 0 0
Italy 46,921 7,745 20,198 7,678 11,299 0 94 0
Liechtenstein 1,092 620 190 46 236 0 65 73
Luxembourg6 409,713 79,001 66,543 12,396 230,616 21,157 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 3,931 1,792 651 145 1,343 0 147 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,407 199 1,434 155 2,515 104 13 176
Romania 36 6 3 3 24 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 39,483 11,377 14,295 3,437 10,373 0 0 0
Sweden 7,444 4,294 739 817 1,390 205 420 181
Switzerland 4,265 2,556 954 318 436 0 174 145
Turkey 0 0 0 0 0 0 0 0
United Kingdom 20,702 13,417 4,629 1,863 793 0 554 1,068
Asia and Pacific 299,864 36,542 128,021 11,492 119,109 4,701 1,039 7,404
Australia 0 0 0 0 0 0 0 0
Hong Kong 3,211 1,596 534 142 155 785 135 53
India 37,224 2,602 6,788 148 27,522 164 0 268
Japan 108,486 28,391 77,545 2,551 0 0 904 5,931
Korea, Rep. of 113,419 2,914 7,539 8,094 91,432 3,441 0 1,026
New Zealand 0 0 0 0 0 0 0 0
Philippines 192 8 180 3 1 0 0 0
Taiwan 37,332 1,032 35,435 555 0 310 0 126
Africa 9,596 1,432 282 986 5,590 1,306 23 624
South Africa 9,596 1,432 282 986 5,590 1,306 23 624
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to euros are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity is included in equity and in total.
5 Funds of funds are not included in total, except for Italy and Luxembourg.
6 Sales data for Other Funds includes UCITS and Non-UCITS.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 12
TOTAL SALES OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 218,393 85,924 135,028 17,877 2,123,048 474
Americas 196,643 57,709 92,485 17,197 2,089,912 474
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 3,695 3,585 3,169 373 7,914 356
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 268 249 7,038 11,693 867 117
United States 192,680 53,874 82,278 5,131 2,081,131 0
Europe 17,250 26,046 3 0 24 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 36 0 0 0 0
Denmark 177 1,075 0 0 0 0
Finland 0 0 0 0 0 0
France 0 0 0 0 0 0
Germany 0 0 0 0 0 0
Greece 0 0 0 0 0 0
Hungary 0 0 0 0 0 0
Ireland 0 0 0 0 0 0
Italy 1,781 5,963 0 0 0 0
Liechtenstein 0 620 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 352 1,440 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 46 154 0 0 0 0
Romania 6 0 3 0 24 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 4,376 7,001 0 0 0 0
Sweden 1,306 2,988 0 0 0 0
Switzerland 1,395 1,161 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 7,811 5,607 0 0 0 0
Asia and Pacific 3,252 1,986 42,353 584 27,523 0
Australia 0 0 0 0 0 0
Hong Kong 29 1,567 0 534 0 0
India 2,602 0 6,788 0 27,522 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 0 0 0 0 0 0
Philippines 8 0 180 0 1 0
Taiwan 613 419 35,385 50 0 0
Africa 1,248 184 186 96 5,590 0
South Africa 1,248 184 186 96 5,590 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount
that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to euros are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity, reported in a separate memoranda column in Table 9, is included in domestic and foreign/international equity.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY3,4 BOND3 MONEY MARKET3
Table 13
TOTAL REDEMPTIONS BY TYPE OF FUND,1 2005:Q1
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 3,222,990 339,773 311,024 46,358 2,511,170 14,665 18,826 10,190
Americas 2,456,730 215,557 96,040 20,377 2,123,447 1,308 15,782 6,933
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 21,282 8,025 1,481 2,243 8,224 1,308 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 20,184 608 18,521 26 1,028 0 0 7
United States 2,415,264 206,924 76,038 18,108 2,114,194 0 15,782 6,926
Europe 470,493 98,038 80,653 16,933 265,062 9,807 1,562 968
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 303 25 36 118 125 0 1 2
Denmark 1,333 491 829 14 0 0 37 0
Finland 0 0 0 0 0 0 0 0
France 0 0 0 0 0 0 0 0
Germany 0 0 0 0 0 0 0 0
Greece 0 0 0 0 0 0 0 0
Hungary 0 0 0 0 0 0 0 0
Ireland 0 0 0 0 0 0 0 0
Italy 51,504 10,363 20,846 5,273 15,022 0 242 0
Liechtenstein 995 586 77 15 318 0 13 43
Luxembourg6 348,393 58,898 41,435 7,817 230,495 9,748 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 2,563 1,203 336 81 942 0 75 0
Poland 0 0 0 0 0 0 0 0
Portugal 3,944 181 1,086 65 2,609 3 4 85
Romania 27 2 2 1 22 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 34,068 7,366 11,548 1,580 13,574 0 0 0
Sweden 4,759 2,696 498 332 1,175 56 381 98
Switzerland 4,619 2,825 764 622 407 0 149 50
Turkey 0 0 0 0 0 0 0 0
United Kingdom 17,984 13,401 3,196 1,015 372 0 660 689
Asia and Pacific 287,570 25,166 134,151 8,397 117,320 2,536 1,449 2,043
Australia 0 0 0 0 0 0 0 0
Hong Kong 2,335 1,130 189 96 152 767 97 35
India 38,274 1,814 7,563 192 28,492 213 0 244
Japan 100,021 19,508 76,659 0 3,853 0 1,351 1,329
Korea, Rep. of 109,976 1,506 15,254 6,968 84,822 1,426 0 202
New Zealand 0 0 0 0 0 0 0 0
Philippines 67 1 65 1 0 0 0 0
Taiwan 36,897 1,206 34,421 1,140 0 131 0 233
Africa 8,197 1,012 180 651 5,342 1,013 33 246
South Africa 8,197 1,012 180 651 5,342 1,013 33 246
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to euros are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity is included in equity and in total.
5 Funds of funds are not included in total, except for Italy and Luxembourg.
6 Redemption data for Other Funds includes UCITS and Non-UCITS.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 14
TOTAL REDEMPTIONS OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 199,103 60,759 124,081 14,378 2,156,801 502
Americas 181,717 33,841 81,950 14,090 2,122,944 502
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 3,702 4,324 1,296 185 7,853 371
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 339 269 6,909 11,613 897 132
United States 177,676 29,248 73,746 2,292 2,114,194 0
Europe 13,742 25,399 2 0 22 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 25 0 0 0 0
Denmark 102 389 0 0 0 0
Finland 0 0 0 0 0 0
France 0 0 0 0 0 0
Germany 0 0 0 0 0 0
Greece 0 0 0 0 0 0
Hungary 0 0 0 0 0 0
Ireland 0 0 0 0 0 0
Italy 1,379 8,984 0 0 0 0
Liechtenstein 1 585 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 443 760 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 54 127 0 0 0 0
Romania 2 0 2 0 22 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 2,538 4,829 0 0 0 0
Sweden 826 1,871 0 0 0 0
Switzerland 1,207 1,618 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 7,189 6,211 0 0 0 0
Asia and Pacific 2,772 1,379 41,961 277 28,493 0
Australia 0 0 0 0 0 0
Hong Kong 26 1,105 0 189 0 0
India 1,814 0 7,563 0 28,492 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 0 0 0 0 0 0
Philippines 1 0 65 0 0 0
Taiwan 931 275 34,334 87 0 0
Africa 872 140 168 12 5,342 0
South Africa 872 140 168 12 5,342 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount
that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to euros are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity is included in equity and in total.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY3,4 BOND3 MONEY MARKET3
Table 15
TOTAL NET SALES BY TYPE OF FUND,1 2005:Q1
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 163,936 78,693 75,722 8,546 -15,798 16,769 -863 20,355
Americas 40,649 38,828 34,793 -4,227 -31,648 2,903 381 13,422
Argentina 0 0 0 0 0 0 0 0
Brazil 4,192 33 21,150 -18,335 1,413 -69 -8 0
Canada 6,805 -745 2,062 2,470 46 2,971 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 55 -91 210 -20 -44 0 0 93
United States 29,597 39,630 11,370 11,659 -33,063 0 389 13,330
Europe 109,684 28,081 46,982 11,937 11,253 11,427 -824 1,189
Austria 3,962 412 2,120 -30 1,401 59 0 257
Belgium 0 0 0 0 0 0 0 0
Czech Republic 132 12 28 -66 159 0 0 2
Denmark 2,162 761 1,397 4 0 0 0 0
Finland 2,762 192 456 95 2,022 -3 0 0
France 30,000 6,100 8,700 2,400 12,800 0 0 0
Germany 2,340 -2,322 2,090 1,160 1,412 0 -769 221
Greece -664 -172 2,337 -1,723 -1,107 0 0 1
Hungary 877 29 408 9 429 2 2 30
Ireland 0 0 0 0 0 0 0 0
Italy -4,583 -2,618 -648 2,405 -3,723 0 -148 0
Liechtenstein 97 34 114 32 -82 0 52 30
Luxembourg6 61,320 20,103 25,108 4,579 121 11,409 0 0
Netherlands -1,458 -418 -569 19 -204 -287 0 0
Norway 1,368 589 315 64 400 0 72 0
Poland 0 0 0 0 0 0 0 0
Portugal 460 18 347 90 -94 99 9 92
Romania 9 3 2 2 1 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 436 2 168 12 254 0 1 0
Spain 5,415 4,011 2,747 1,857 -3,201 0 0 0
Sweden 2,685 1,598 240 484 215 148 39 83
Switzerland -355 -269 190 -304 28 0 25 95
Turkey 0 0 0 0 0 0 0 0
United Kingdom 2,719 17 1,433 848 421 0 -107 379
Asia and Pacific 12,204 11,364 -6,154 501 4,347 2,145 -410 5,365
Australia 0 0 0 0 0 0 0 0
Hong Kong 876 465 345 46 2 18 38 17
India -1,050 788 -775 -45 -970 -48 0 24
Japan 8,465 8,882 885 0 -1,302 0 -447 4,603
Korea, Rep. of 3,443 1,408 -7,715 1,125 6,610 2,015 0 828
New Zealand -90 -12 -24 -43 8 -19 0 0
Philippines 125 7 115 2 0 0 0 0
Taiwan 434 -174 1,014 -585 0 179 0 -108
Africa 1,399 420 102 335 249 293 -11 379
South Africa 1,399 420 102 335 249 293 -11 379
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero or negative zero indicates an amount that is
between -0.499 million and 0.499 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to euros are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity is included in equity and in total.
5 Funds of funds are not included in total, except for France, Italy and Luxembourg.
6 Sales data for Other Funds includes UCITS and Non-UCITS.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 16
TOTAL NET SALES OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 18,091 24,108 32,242 3,329 -32,331 -29
Americas 14,960 23,868 31,852 2,940 -31,619 -29
Argentina 0 0 0 0 0 0
Brazil 33 0 21,317 -167 1,413 0
Canada -6 -738 1,873 188 60 -14
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico -71 -20 130 80 -30 -14
United States 15,004 24,626 8,532 2,838 -33,063 0
Europe 2,273 -396 2 0 1 0
Austria 112 300 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 12 0 0 0 0
Denmark 75 686 0 0 0 0
Finland 26 165 0 0 0 0
France 0 0 0 0 0 0
Germany -1,102 -1,221 0 0 0 0
Greece -179 8 0 0 0 0
Hungary 7 22 0 0 0 0
Ireland 0 0 0 0 0 0
Italy 404 -3,022 0 0 0 0
Liechtenstein -1 35 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands -104 -313 0 0 0 0
Norway -91 680 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -8 27 0 0 0 0
Romania 3 0 2 0 1 0
Russia 0 0 0 0 0 0
Slovakia 0 2 0 0 0 0
Spain 1,839 2,172 0 0 0 0
Sweden 480 1,118 0 0 0 0
Switzerland 188 -457 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 624 -608 0 0 0 0
Asia and Pacific 483 592 370 305 -962 0
Australia 0 0 0 0 0 0
Hong Kong 3 462 0 345 0 0
India 788 0 -775 0 -970 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 3 -15 -22 -2 8 0
Philippines 7 0 115 0 0 0
Taiwan -319 145 1,051 -37 0 0
Africa 375 44 18 84 249 0
South Africa 375 44 18 84 249 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero or negative zero
indicates an amount that is between -0.499 million and 0.499 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 Foreign exchange rates used to convert local currencies to euros are in Table E.1.
3 See Tables D.1-D.4 for definitions.
4 Sector equity is included in equity and in total.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY3,4 BOND3 MONEY MARKET3
Table 17
TOTAL NET ASSETS BY TYPE OF FUND,1 2005:Q1
Millions of units of local currency, end of quarter
Balanced/ Money Other Sector Funds of
Total Equity2 Bond2 Mixed2 Market2 Funds2 Equity2,3 Funds2,4
Americas
Argentina 8,867 2,223 1,155 332 5,157 0 0 0
Brazil 621,472 42,781 428,500 120,921 20,989 8,281 139 326,273
Canada 513,270 239,676 60,583 96,585 49,661 66,765 0 0
Chile 6,959,247 584,973 2,549,745 550,824 3,075,047 198,658 0 0
Costa Rica 454,976 773 178,213 0 275,990 0 0 0
Mexico 396,264 61,840 322,594 748 11,081 0 0 1,674
United States 8,046,386 4,349,639 1,295,663 525,366 1,875,719 0 190,976 214,172
Europe
Austria 79,917 13,928 49,032 6,172 10,236 549 0 12,970
Belgium 88,310 54,945 8,992 22,093 2,258 22 5,027 9,459
Czech Republic 113,192 5,361 22,643 19,481 65,707 0 361 1,425
Denmark 375,693 121,788 250,405 3,500 0 0 5,602 0
Finland 31,915 11,242 6,285 2,720 11,294 374 0 0
France 1,053,700 266,700 197,300 223,200 366,500 0 0 0
Germany 222,870 98,660 73,388 15,443 33,670 1,709 11,023 7,796
Greece 31,153 5,066 9,988 1,710 14,389 0 0 2
Hungary 1,109,600 86,598 534,755 10,905 475,958 1,384 1,585 34,148
Ireland 366,237 0 0 0 0 0 0 0
Italy 374,840 73,746 148,851 72,726 79,517 0 4,040 0
Liechtenstein 14,832 6,858 4,224 903 2,847 0 628 1,275
Luxembourg5 1,104,998 383,667 373,322 74,140 191,454 82,415 0 0
Netherlands 74,788 34,448 19,137 10,238 1,079 9,886 0 0
Norway6 196,757 107,297 27,698 7,588 54,174 0 4,320 0
Poland 38,974 4,528 15,052 13,812 5,556 26 19 0
Portugal 23,005 1,822 10,211 1,864 8,815 293 98 1,118
Romania 2,504,208 321,959 328,211 572,883 1,281,155 0 0 0
Russia 40,522 25,351 5,067 10,069 35 0 0 0
Slovakia 79,500 2,063 27,943 5,590 43,963 0 2,063 0
Spain 240,553 81,295 69,204 36,789 53,265 0 0 0
Sweden 760,094 517,504 46,623 128,970 54,078 12,919 29,783 12,962
Switzerland 110,585 45,668 21,699 30,205 13,013 0 2,931 2,233
Turkey 26,353 837 3,723 2,976 18,817 0 15 0
United Kingdom 260,742 194,430 42,348 21,319 2,645 0 4,946 13,737
Asia and Pacific
Australia7 838,683 325,812 69,778 0 173,566 269,527 0 0
Hong Kong 2,801,792 1,772,329 725,151 166,845 111,177 26,290 129,861 0
India 1,379,830 350,600 394,080 41,630 540,680 52,840 0 9,800
Japan 42,406,458 28,901,898 10,076,853 0 3,427,707 0 413,220 3,129,858
Korea, Rep. of 189,542,646 10,559,471 65,685,952 36,039,754 68,662,844 8,594,625 0 3,328,192
New Zealand 15,015 2,437 1,465 4,982 1,036 5,095 0 0
Philippines 63,405 1,970 58,667 2,664 104 0 0 0
Taiwan 2,480,032 328,847 1,944,705 152,141 0 54,339 0 30,277
Africa
South Africa 319,414 99,839 23,724 55,224 105,990 34,636 3,535 38,106
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 See Tables D.1-D.4 for definitions.
3 Sector equity is included in equity and in total.
4 Funds of funds are not included in total, except for France, Italy and Luxembourg.
5 Total net assets data for Other Funds includes UCITS and Non-UCITS.
6 Funds of funds last reported 09/30/2003. As of that date, fund of funds assets were NOK 5788.
7 Funds of funds last reported 12/31/2004. As of that date, fund of funds assets were AUD 246,630.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 18
TOTAL NET ASSETS OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of units of local currency, end of quarter
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
Americas
Argentina 2,223 0 1,155 0 5,157 0
Brazil 42,781 0 426,741 1,759 20,989 0
Canada 120,209 119,467 54,386 6,196 47,772 1,889
Chile 489,848 95,125 1,945,248 604,497 2,769,098 305,949
Costa Rica 0 773 167,520 10,693 275,990 0
Mexico 52,941 8,899 147,146 175,449 7,300 3,781
United States 3,626,726 722,913 1,255,728 39,935 1,875,719 0
Europe
Austria 855 13,073 25,601 23,432 7,648 2,589
Belgium 3,835 51,109 7,770 1,222 1,394 864
Czech Republic 0 5,361 0 22,643 4,879 60,828
Denmark 22,739 99,049 162,216 88,189 0 0
Finland 2,292 8,950 3,812 2,473 11,275 19
France 123,200 143,500 120,800 76,500 365,200 1,300
Germany 24,603 74,058 59,528 13,860 32,944 726
Greece 4,237 830 5,647 4,341 10,692 3,697
Hungary 16,542 70,056 531,174 3,581 475,958 0
Ireland 0 0 0 0 0 0
Italy 13,898 59,849 114,511 34,340 79,491 25
Liechtenstein 48 6,810 1,532 2,692 2,081 765
Luxembourg 0 0 0 0 0 0
Netherlands 6,257 28,192 0 0 0 0
Norway 40,470 66,828 18,530 9,168 54,174 0
Poland 4,163 365 10,699 4,353 5,556 0
Portugal 780 1,042 9,905 306 8,808 7
Romania 321,959 0 328,211 0 1,281,155 0
Russia 25,351 0 5,067 0 35 0
Slovakia 0 2,063 23,901 4,042 43,963 0
Spain 33,906 47,390 67,080 2,124 53,265 0
Sweden 150,224 367,280 41,474 5,149 53,832 246
Switzerland 24,088 21,580 6,639 15,060 3,439 9,574
Turkey 836 1 3,723 0 18,817 0
United Kingdom 116,289 78,141 39,518 2,830 2,645 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 9,971 1,762,357 0 725,151 5,034 106,143
India 350,600 0 394,080 0 540,680 0
Japan 0 0 0 0 0 0
Korea, Rep. of 10,422,071 137,400 64,669,352 1,016,600 68,662,844 0
New Zealand 770 1,667 1,252 214 1,036 0
Philippines 1,970 0 58,667 0 104 0
Taiwan 242,132 86,715 1,933,155 11,550 0 0
Africa
South Africa 87,013 12,826 21,899 1,825 105,990 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount
that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 See Tables D.1-D.4 for definitions.
3 Sector equity, reported in a separate memoranda column in Table 17, is included in domestic and foreign/international equity.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY2,3 BOND2 MONEY MARKET2
Table 19
TOTAL SALES BY TYPE OF FUND,1 2005:Q1
Millions of units of local currency
Balanced/ Money Other Sector Funds of
Total Equity2 Bond2 Mixed2 Market2 Funds2 Equity2,3 Funds2,4
Americas
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 45,149 11,704 5,695 7,577 13,294 6,879 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 296,818 7,593 274,705 86 14,434 0 0 1,472
United States 3,205,945 323,306 114,619 39,033 2,728,987 0 21,205 26,560
Europe
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 13,074 1,095 1,900 1,545 8,534 0 30 117
Denmark 26,013 9,314 16,570 129 0 0 279 0
Finland 0 0 0 0 0 0 0 0
France 0 0 0 0 0 0 0 0
Germany 0 0 0 0 0 0 0 0
Greece 0 0 0 0 0 0 0 0
Hungary 0 0 0 0 0 0 0 0
Ireland 0 0 0 0 0 0 0 0
Italy 46,921 7,745 20,198 7,678 11,299 0 94 0
Liechtenstein 1,691 960 294 72 365 0 100 113
Luxembourg5 409,713 79,001 66,543 12,396 230,616 21,157 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 32,386 14,768 5,362 1,195 11,061 0 1,214 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,407 199 1,434 155 2,515 104 13 176
Romania 1,325,742 208,237 125,144 116,441 875,920 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 39,483 11,377 14,295 3,437 10,373 0 0 0
Sweden 67,543 38,962 6,702 7,411 12,612 1,856 3,808 1,642
Switzerland 6,605 3,959 1,478 493 675 0 269 225
Turkey 0 0 0 0 0 0 0 0
United Kingdom 14,359 9,306 3,211 1,292 550 0 384 741
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 32,838 16,318 5,461 1,449 1,581 8,029 1,379 540
India 2,133,930 149,170 389,140 8,460 1,577,750 9,410 0 15,370
Japan 14,872,640 3,892,137 10,630,798 349,705 0 0 123,951 813,142
Korea, Rep. of 152,063,108 3,906,370 10,108,045 10,851,136 122,583,859 4,613,698 0 1,376,060
New Zealand 0 0 0 0 0 0 0 0
Philippines 13,802 549 12,974 238 40 0 0 0
Taiwan 1,541,352 42,622 1,463,027 22,899 0 12,804 0 5,184
Africa
South Africa 75,638 11,285 2,222 7,770 44,064 10,296 1,449 4,921
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 See Tables D.1-D.4 for definitions.
3 Sector equity is included in equity and in total.
4 Funds of funds are not included in total, except for Italy and Luxembourg.
5 Sales data for Other Funds includes UCITS and Non-UCITS.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 20
TOTAL SALES OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of units of local currency
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
Americas
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 5,940 5,763 5,094 600 12,721 573
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 3,935 3,658 103,221 171,484 12,713 1,721
United States 252,661 70,645 107,891 6,728 2,728,987 0
Europe
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 1,095 0 0 0 0
Denmark 1,315 7,999 0 0 0 0
Finland 0 0 0 0 0 0
France 0 0 0 0 0 0
Germany 0 0 0 0 0 0
Greece 0 0 0 0 0 0
Hungary 0 0 0 0 0 0
Ireland 0 0 0 0 0 0
Italy 1,781 5,963 0 0 0 0
Liechtenstein 0 960 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 2,902 11,867 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 46 154 0 0 0 0
Romania 208,237 0 125,144 0 875,920 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 4,376 7,001 0 0 0 0
Sweden 11,846 27,116 0 0 0 0
Switzerland 2,161 1,798 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 5,418 3,889 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 297 16,021 0 5,461 0 0
India 149,170 0 389,140 0 1,577,750 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 0 0 0 0 0 0
Philippines 549 0 12,974 0 40 0
Taiwan 25,306 17,316 1,460,960 2,067 0 0
Africa
South Africa 9,836 1,449 1,468 754 44,064 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount
that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 See Tables D.1-D.4 for definitions.
3 Sector equity, reported in a separate memoranda column in Table 19, is included in domestic and foreign/international equity.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY2,3 BOND2 MONEY MARKET2
Table 21
TOTAL REDEMPTIONS BY TYPE OF FUND,1 2005:Q1
Millions of units of local currency
Balanced/ Money Other Sector Funds of
Total Equity2 Bond2 Mixed2 Market2 Funds2 Equity2,3 Funds2,4
Americas
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 34,210 12,900 2,380 3,606 13,220 2,103 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 296,008 8,922 271,622 384 15,080 0 0 109
United States 3,167,136 271,339 99,709 23,745 2,772,343 0 20,695 9,082
Europe
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 9,099 743 1,066 3,532 3,758 0 25 71
Denmark 9,924 3,653 6,169 102 0 0 278 0
Finland 0 0 0 0 0 0 0 0
France 0 0 0 0 0 0 0 0
Germany 0 0 0 0 0 0 0 0
Greece 0 0 0 0 0 0 0 0
Hungary 0 0 0 0 0 0 0 0
Ireland 0 0 0 0 0 0 0 0
Italy 51,504 10,363 20,846 5,273 15,022 0 242 0
Liechtenstein 1,541 907 119 23 492 0 20 67
Luxembourg5 348,393 58,898 41,435 7,817 230,495 9,748 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 21,118 9,915 2,770 671 7,762 0 620 0
Poland 0 0 0 0 0 0 0 0
Portugal 3,944 181 1,086 65 2,609 3 4 85
Romania 1,006,921 87,899 59,839 34,893 824,290 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 34,068 7,366 11,548 1,580 13,574 0 0 0
Sweden 43,178 24,466 4,522 3,016 10,663 511 3,455 892
Switzerland 7,154 4,376 1,184 963 631 0 230 77
Turkey 0 0 0 0 0 0 0 0
United Kingdom 12,474 9,295 2,217 704 258 0 458 478
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 23,877 11,560 1,937 979 1,559 7,842 995 363
India 2,194,130 104,010 433,540 11,020 1,633,370 12,190 0 13,970
Japan 13,712,089 2,674,448 10,509,439 0 528,202 0 185,277 182,138
Korea, Rep. of 147,446,818 2,018,997 20,451,278 9,342,536 113,722,377 1,911,630 0 270,527
New Zealand 0 0 0 0 0 0 0 0
Philippines 4,796 48 4,656 72 20 0 0 0
Taiwan 1,523,424 49,797 1,421,178 47,048 0 5,401 0 9,630
Africa
South Africa 64,612 7,979 1,418 5,130 42,104 7,983 264 1,937
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 See Tables D.1-D.4 for definitions.
3 Sector equity is included in equity and in total.
4 Funds of funds are not included in total, except for Italy and Luxembourg.
5 Redemption data for Other Funds includes UCITS and Non-UCITS.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 22
TOTAL REDEMPTIONS OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of units of local currency
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
Americas
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 5,951 6,950 2,083 297 12,624 596
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 4,975 3,947 101,318 170,305 13,149 1,931
United States 232,986 38,353 96,703 3,006 2,772,343 0
Europe
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 743 0 0 0 0
Denmark 757 2,896 0 0 0 0
Finland 0 0 0 0 0 0
France 0 0 0 0 0 0
Germany 0 0 0 0 0 0
Greece 0 0 0 0 0 0
Hungary 0 0 0 0 0 0
Ireland 0 0 0 0 0 0
Italy 1,379 8,984 0 0 0 0
Liechtenstein 2 906 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 3,653 6,263 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 54 127 0 0 0 0
Romania 87,899 0 59,839 0 824,290 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 2,538 4,829 0 0 0 0
Sweden 7,493 16,975 0 0 0 0
Switzerland 1,870 2,506 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 4,986 4,308 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 265 11,296 0 1,937 0 0
India 104,010 0 433,540 0 1,633,370 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 0 0 0 0 0 0
Philippines 48 0 4,656 0 20 0
Taiwan 38,459 11,338 1,417,575 3,603 0 0
Africa
South Africa 6,877 1,102 1,325 93 42,104 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero indicates an amount
that is less than 0.500 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 See Tables D.1-D.4 for definitions.
3 Sector equity, reported in a separate memoranda column in Table 21, is included in domestic and foreign/international equity.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY2,3 BOND2 MONEY MARKET2
Table 23
TOTAL NET SALES BY TYPE OF FUND,1 2005:Q1
Millions of units of local currency
Balanced/ Money Other Sector Funds of
Total Equity2 Bond2 Mixed2 Market2 Funds2 Equity2,3 Funds2,4
Americas
Argentina 0 0 0 0 0 0 0 0
Brazil 14,675 116 74,045 -64,192 4,947 -240 -27 0
Canada 10,939 -1,197 3,315 3,971 74 4,776 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 809 -1,329 3,082 -298 -646 0 0 1,363
United States 38,810 51,967 14,910 15,288 -43,355 0 510 17,479
Europe
Austria 3,962 412 2,120 -30 1,401 59 0 257
Belgium 0 0 0 0 0 0 0 0
Czech Republic 3,975 353 834 -1,987 4,775 0 5 46
Denmark 16,089 5,661 10,401 27 0 0 1 0
Finland 2,762 192 456 95 2,022 -3 0 0
France 30,000 6,100 8,700 2,400 12,800 0 0 0
Germany 2,340 -2,322 2,090 1,160 1,412 0 -769 221
Greece -664 -172 2,337 -1,723 -1,107 0 0 1
Hungary 214,788 7,035 99,892 2,327 105,065 469 465 7,458
Ireland 0 0 0 0 0 0 0 0
Italy -4,583 -2,618 -648 2,405 -3,723 0 -148 0
Liechtenstein 151 53 176 49 -127 0 80 46
Luxembourg5 61,320 20,103 25,108 4,579 121 11,409 0 0
Netherlands -1,458 -418 -569 19 -204 -287 0 0
Norway 11,268 4,853 2,592 524 3,299 0 594 0
Poland 0 0 0 0 0 0 0 0
Portugal 460 18 347 90 -94 99 9 92
Romania 318,821 120,338 65,305 81,548 51,630 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 16,712 74 6,430 473 9,735 0 44 0
Spain 5,415 4,011 2,747 1,857 -3,201 0 0 0
Sweden 24,367 14,496 2,181 4,395 1,950 1,345 353 750
Switzerland -550 -417 294 -471 44 0 39 147
Turkey 0 0 0 0 0 0 0 0
United Kingdom 1,886 12 994 588 292 0 -74 263
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 8,960 4,758 3,524 469 22 187 385 177
India -60,200 45,160 -44,400 -2,560 -55,620 -2,780 0 1,400
Japan 1,160,551 1,217,689 121,359 0 -178,497 0 -61,326 631,004
Korea, Rep. of 4,616,290 1,887,373 -10,343,233 1,508,600 8,861,482 2,702,068 0 1,110,388
New Zealand -164 -22 -44 -78 14 -35 0 0
Philippines 9,006 501 8,319 166 20 0 0 0
Taiwan 17,928 -7,175 41,849 -24,149 0 7,403 0 -4,446
Africa
South Africa 11,026 3,307 805 2,640 1,960 2,313 -85 2,984
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero or negative zero indicates an amount that is
between -0.499 million and 0.499 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 See Tables D.1-D.4 for definitions.
3 Sector equity is included in equity and in total.
4 Funds of funds are not included in total, except for France, Italy and Luxembourg.
5 Sales data for Other Funds includes UCITS and Non-UCITS.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 24
TOTAL NET SALES OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS,1 2005:Q1
Millions of units of local currency
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
Americas
Argentina 0 0 0 0 0 0
Brazil 116 0 74,630 -585 4,947 0
Canada -10 -1,187 3,011 303 97 -23
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico -1,040 -289 1,903 1,179 -436 -210
United States 19,675 32,292 11,188 3,722 -43,355 0
Europe
Austria 112 300 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 353 0 0 0 0
Denmark 558 5,103 0 0 0 0
Finland 26 165 0 0 0 0
France 0 0 0 0 0 0
Germany -1,102 -1,221 0 0 0 0
Greece -179 8 0 0 0 0
Hungary 1,766 5,269 0 0 0 0
Ireland 0 0 0 0 0 0
Italy 404 -3,022 0 0 0 0
Liechtenstein -2 54 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands -104 -313 0 0 0 0
Norway -752 5,604 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -8 27 0 0 0 0
Romania 120,338 0 65,305 0 51,630 0
Russia 0 0 0 0 0 0
Slovakia 0 74 0 0 0 0
Spain 1,839 2,172 0 0 0 0
Sweden 4,353 10,143 0 0 0 0
Switzerland 291 -708 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 433 -422 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 32 4,726 0 3,524 0 0
India 45,160 0 -44,400 0 -55,620 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 6 -27 -40 -4 14 0
Philippines 501 0 8,319 0 20 0
Taiwan -13,153 5,978 43,385 -1,536 0 0
Africa
South Africa 2,959 348 144 661 1,960 0
Note: Components may not sum to total because of rounding or missing components. An entry shown as zero or negative zero
indicates an amount that is between -0.499 million and 0.499 million.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 See Tables D.1-D.4 for definitions.
3 Sector equity, reported in a separate memoranda column in Table 23, is included in domestic and foreign/international equity.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY2,3 BOND2 MONEY MARKET2
Table 25
NUMBER OF FUNDS BY TYPE OF FUND,1 2005:Q1
End of quarter
Balanced/ Money Other Sector Funds of
Total Equity2 Bond2 Mixed2 Market2 Funds2 Equity2,3 Funds2,4
World 55,093 22,796 13,131 11,106 3,617 2,364 1,297 3,814
Americas 14,114 6,476 4,075 2,068 1,263 232 504 2,317
Argentina 187 57 68 22 40 0 0 0
Brazil 2,860 420 1,201 1,075 45 119 13 1,925
Canada 1,923 1,237 200 278 109 99 0 0
Chile 597 124 191 186 82 14 0 0
Costa Rica 114 2 69 0 43 0 0 0
Mexico 412 95 304 4 9 0 0 6
United States 8,021 4,541 2,042 503 935 0 491 386
Europe 29,088 12,074 6,023 5,756 1,816 1,340 453 986
Austria 858 254 368 160 47 29 0 423
Belgium 1,313 1,111 88 96 17 1 124 72
Czech Republic 50 10 9 26 5 0 3 3
Denmark 435 266 147 22 0 0 36 0
Finland 285 162 50 37 29 7 0 0
France 7,865 2,836 1,308 3,083 638 0 0 0
Germany 1,036 481 298 176 46 35 68 180
Greece 258 112 64 43 39 0 0 1
Hungary 85 26 26 8 23 2 1 14
Ireland 2,079 0 0 0 0 0 0 0
Italy 1,099 465 309 285 40 0 71 0
Liechtenstein 173 93 35 39 6 0 11 34
Luxembourg5 6,921 2,624 1,888 806 509 1,094 0 0
Netherlands 542 242 81 57 11 151 0 0
Norway6 390 239 66 36 49 0 33 0
Poland 132 28 44 36 23 1 2 0
Portugal 166 62 47 24 26 7 9 36
Romania 19 6 6 5 2 0 0 0
Russia 224 76 47 100 1 0 0 2
Slovakia 42 7 16 13 6 0 7 0
Spain 2,302 1,285 689 165 163 0 0 0
Sweden 459 299 45 66 36 13 25 22
Switzerland 401 191 100 98 12 0 21 14
Turkey 255 125 37 46 47 0 4 0
United Kingdom 1,699 1,074 255 329 41 0 38 185
Asia and Pacific 11,340 4,044 2,991 3,062 513 730 328 324
Australia 0 0 0 0 0 0 0 0
Hong Kong 1,019 667 198 72 65 17 88 0
India 403 149 131 34 39 50 0 12
Japan 2,557 2,319 224 0 14 0 240 166
Korea, Rep. of 6,329 484 2,193 2,680 377 595 0 123
New Zealand 557 177 121 182 17 60 0 0
Philippines 28 5 15 7 1 0 0 0
Taiwan 447 243 109 87 0 8 0 23
Africa 551 202 42 220 25 62 12 187
South Africa 551 202 42 220 25 62 12 187
Note: Components may not sum to total because of missing components.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 See Tables D.1-D.4 for definitions.
3 Sector equity is included in equity and in total.
4 Funds of funds are not included in total, except for France, Italy and Luxembourg.
5 Number of funds data for Other Funds includes UCITS and Non-UCITS.
6 Funds of funds last reported 09/30/2003. As of that date, total number of funds of funds were 85.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
MEMO:
Table 26
NUMBER OF DOMESTIC AND FOREIGN/INTERNATIONAL
EQUITY, BOND, AND MONEY MARKET FUNDS, 1 2005:Q1
End of quarter
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 8,274 9,095 6,972 1,773 2,902 181
Americas 4,677 1,799 3,705 370 1,222 41
Argentina 57 0 68 0 40 0
Brazil 420 0 1,162 39 45 0
Canada 361 876 151 49 87 22
Chile 54 70 115 76 67 15
Costa Rica 0 2 65 4 43 0
Mexico 63 32 208 96 5 4
United States 3,722 819 1,936 106 935 0
Europe 3,037 6,413 2,895 1,159 1,214 82
Austria 11 243 156 212 20 27
Belgium 66 1,045 57 31 10 7
Czech Republic 0 10 0 9 3 2
Denmark 28 238 80 67 0 0
Finland 23 139 35 15 28 1
France 1,308 1,528 990 318 620 18
Germany 72 409 220 78 43 3
Greece 64 48 34 30 31 8
Hungary 12 14 24 2 23 0
Ireland 0 0 0 0 0 0
Italy 59 406 162 147 39 1
Liechtenstein 1 92 12 23 4 2
Luxembourg 0 0 0 0 0 0
Netherlands 39 203 0 0 0 0
Norway 79 160 57 9 49 0
Poland 20 8 27 17 23 0
Portugal 20 42 41 6 25 1
Romania 6 0 6 0 2 0
Russia 76 0 47 0 1 0
Slovakia 0 7 12 4 6 0
Spain 422 863 621 68 163 0
Sweden 92 207 39 6 34 2
Switzerland 59 132 37 63 2 10
Turkey 123 2 37 0 47 0
United Kingdom 457 617 201 54 41 0
Asia and Pacific 409 832 339 235 441 58
Australia 0 0 0 0 0 0
Hong Kong 18 649 0 198 7 58
India 149 0 131 0 39 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 377 0
New Zealand 53 124 101 20 17 0
Philippines 5 0 15 0 1 0
Taiwan 184 59 92 17 0 0
Africa 151 51 33 9 25 0
South Africa 151 51 33 9 25 0
Note: Components may not sum to total because of missing components.
1 Home-domiciled funds except for Hong Kong, Republic of Korea, and New Zealand, which include home- and foreign-domiciled funds.
2 See Tables D.1-D.4 for definitions.
3 Sector equity, reported in a separate memoranda column in Table 25, is included in domestic and foreign/international equity.
Source: National mutual fund associations; European Fund and Asset Management Association (EFAMA, formerly FEFSI) provides data
for all European countries except for Romania and Russia.
EQUITY2,3 BOND2 MONEY MARKET2
Table E.1
EXCHANGE RATES BY COUNTRY, 2005:Q1
Units of local currency per U.S. dollar
End of Quarter Quarterly Average1
Americas
Argentina 2.9170 2.9283
Brazil 2.6790 2.6699
Canada 1.2104 1.2259
Chile 586.1000 579.1864
Costa Rica 468.5509 464.0033
Mexico 11.1702 11.1838
United States 1.0000 1.0000
Europe
Austria2 0.7714 0.7626
Belgium2 0.7714 0.7626
Czech Republic 23.1063 22.8872
Denmark 5.7463 5.6763
Finland2 0.7714 0.7626
France2 0.7714 0.7626
Germany2 0.7714 0.7626
Greece2 0.7714 0.7626
Hungary 190.6819 186.8451
Ireland2 0.7714 0.7626
Italy2 0.7714 0.7626
Liechtenstein 1.1945 1.1811
Luxembourg2 0.7714 0.7626
Netherlands2 0.7714 0.7626
Norway 6.3298 6.2829
Poland 3.1477 3.0708
Portugal2 0.7714 0.7626
Romania 28,355.4492 28,263.3112
Russia 27.8621 27.8442
Slovakia 29.8303 29.2032
Spain2 0.7714 0.7626
Sweden 7.0526 6.9195
Switzerland 1.1945 1.1811
Turkey 1.3554 1.3278
United Kingdom 0.5311 0.5289
Asia and Pacific
Australia 1.2938 1.2863
Hong Kong 7.7992 7.7981
India 43.7450 43.7174
Japan 107.1500 104.5472
Korea, Rep. of 1,015.4500 1,022.4336
New Zealand 1.4051 1.3952
Philippines 54.8000 54.9427
Taiwan 31.5061 31.4864
Africa
South Africa 6.2395 6.0111
Note: End-of-quarter rates are used to convert assets in local currencies to U.S. dollars and euros. Quarterly average rates
are used to convert sales, redemptions and net sales in local currencies to U.S. dollars and euros.
Exchange rates reported in the table are rounded to the nearest one ten-thousandth (.0001) unit of local currency. Exchange rates used
in the conversion of assets and flows from local currencies to dollars and euros may utilize more significant digits. As a result,
assets and flows measured in dollars and euros may differ from values calculated using the exchange rates reported in this table.
1 Average of daily rates.
2 Members of the European Monetary Union; local currency is the euro.
Sources: European Central Bank, Bloomberg, and Tradeline International from SunGard Market Data Services.