INTERNATIONAL INVESTMENT FUNDS
ASSOCIATION
INTERNATIONAL DATA EXCHANGE
WORLDWIDE ASSETS, FLOWS, AND NUMBER OF INVESTMENT FUNDS
2005: Q2
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.
11/15/2005
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:Q2
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 16,405,558 7,129,020 3,334,099 1,456,554 3,080,296 213,506 262,737 499,006
Americas 8,977,097 4,694,081 1,617,355 686,508 1,922,376 56,775 208,357 378,661
Argentina 2,763 862 538 113 1,249 0 0 0
Brazil 272,938 17,677 191,392 51,146 9,413 3,309 54 144,662
Canada 430,067 195,943 52,325 89,258 39,519 53,021 0 0
Chile 13,126 1,286 5,221 979 5,195 445 0 0
Costa Rica 922 2 369 0 552 0 0 0
Mexico 39,161 5,883 32,154 65 1,059 0 0 172
United States 8,218,120 4,472,429 1,335,355 544,947 1,865,389 0 208,303 233,828
Europe 5,561,435 1,839,068 1,394,706 691,879 1,012,026 129,488 28,183 73,942
Austria 102,312 16,838 62,689 7,898 14,139 746 0 17,119
Belgium 111,857 68,204 13,663 27,558 2,408 27 0 12,659
Czech Republic 4,793 237 1,027 730 2,798 0 16 126
Denmark 65,223 21,965 42,672 585 0 0 1,175 0
Finland 42,355 14,495 9,058 3,588 14,662 553 0 0
France 1,328,669 344,138 243,291 279,930 461,310 0 0 0
Germany 282,684 124,974 93,562 20,393 41,644 2,112 9,942 10,564
Greece 35,173 6,371 12,821 2,499 13,483 0 0 103
Hungary 5,769 459 2,659 63 2,578 11 13 218
Ireland 494,270 0 0 0 0 0 0 0
Italy 455,859 88,089 182,199 92,154 93,417 0 4,537 0
Liechtenstein 12,372 5,362 3,824 713 2,473 0 531 1,056
Luxembourg6 1,434,047 504,949 481,198 100,420 236,632 110,849 0 0
Netherlands 93,378 43,973 22,972 12,949 1,248 12,236 0 0
Norway7 30,679 16,955 4,345 1,225 8,155 0 752 0
Poland 12,908 1,415 5,157 4,460 1,857 19 6 0
Portugal 28,296 2,261 12,859 1,582 10,525 1,070 140 1,440
Romania 79 11 10 19 40 0 0 0
Russia 1,489 922 188 370 9 0 0 1
Slovakia 2,771 72 1,002 185 1,512 0 72 0
Spain 304,042 101,177 89,091 48,483 65,291 0 0 0
Sweden 107,141 73,183 6,515 18,561 7,017 1,866 8,453 1,954
Switzerland 91,939 36,866 18,839 24,441 11,795 0 2,537 1,983
Turkey 20,607 565 3,156 2,451 14,435 0 9 0
United Kingdom 492,721 365,587 81,911 40,622 4,602 0 0 26,718
Asia and Pacific 1,814,685 579,689 318,277 68,656 128,692 21,555 25,572 39,655
Australia8 697,816 0 0 0 0 0 0 0
Hong Kong 404,032 257,175 102,115 24,710 16,618 3,414 19,691 0
India 35,297 9,352 9,736 1,006 13,999 1,204 0 187
Japan 406,392 288,836 87,778 0 29,778 0 3,175 34,884
Korea, Rep. of 188,915 12,558 62,658 34,961 67,543 11,196 0 3,164
New Zealand 10,409 1,645 974 3,450 752 3,587 0 0
Philippines 1,306 34 1,218 51 2 0 0 0
Taiwan 70,519 10,089 53,797 4,479 0 2,154 2,707 1,420
Africa 52,341 16,182 3,760 9,510 17,201 5,687 624 6,747
South Africa 52,341 16,182 3,760 9,510 17,201 5,687 624 6,747
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 At this time a breakdown by type of fund cannot be provided. Refer to previous quarter, Q1 2005, for last provided data.
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:Q2
Millions of U.S. dollars, end of quarter2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 4,434,691 1,900,541 2,327,847 414,307 2,700,804 42,781
Americas 3,852,374 841,707 1,548,732 68,624 1,919,603 2,773
Argentina 862 0 538 0 1,249 0
Brazil 17,677 0 190,654 738 9,413 0
Canada 99,075 96,868 46,984 5,341 37,977 1,542
Chile 1,070 215 3,707 1,514 4,336 859
Costa Rica 0 2 347 22 552 0
Mexico 5,138 745 14,627 17,527 688 372
United States 3,728,551 743,877 1,291,875 43,481 1,865,389 0
Europe 537,376 796,742 648,507 242,031 748,639 23,996
Austria 1,154 15,685 33,525 29,163 10,538 3,602
Belgium 4,792 63,412 12,059 1,603 1,461 947
Czech Republic 0 237 63 964 195 2,603
Denmark 3,870 18,095 26,953 15,719 0 0
Finland 2,940 11,555 5,550 3,508 14,647 15
France 149,820 194,318 146,676 96,615 459,375 1,935
Germany 31,746 93,228 75,484 18,078 40,711 931
Greece 5,351 1,019 6,537 6,284 9,266 4,216
Hungary 85 374 2,639 19 2,578 0
Ireland 0 0 0 0 0 0
Italy 16,449 71,640 140,554 41,646 93,359 58
Liechtenstein 37 5,325 1,446 2,377 1,773 701
Luxembourg 0 0 0 0 0 0
Netherlands 7,757 36,216 0 0 0 0
Norway 6,432 10,523 3,054 1,291 8,155 0
Poland 1,292 124 3,739 1,418 1,857 0
Portugal 904 1,357 12,448 411 10,518 7
Romania 11 0 10 0 40 0
Russia 922 0 188 0 9 0
Slovakia 0 72 825 177 0 0
Spain 43,009 58,169 86,461 2,631 65,291 0
Sweden 20,995 52,188 5,561 953 6,792 224
Switzerland 19,277 17,589 5,504 13,334 3,038 8,757
Turkey 565 0 3,156 0 14,435 0
United Kingdom 219,970 145,617 76,073 5,838 4,602 0
Asia and Pacific 30,784 260,069 127,125 103,374 15,360 16,011
Australia 0 0 0 0 0 0
Hong Kong 1,278 255,896 0 102,115 607 16,011
India 9,352 0 9,736 0 13,999 0
Japan 0 0 0 0 0 0
Korea, Rep. of 12,253 305 61,823 835 0 0
New Zealand 473 1,172 835 139 752 0
Philippines 34 0 1,218 0 2 0
Taiwan 7,394 2,696 53,512 285 0 0
Africa 14,158 2,024 3,482 278 17,201 0
South Africa 14,158 2,024 3,482 278 17,201 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:Q2
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 4,408,326 481,154 421,796 85,275 3,376,170 43,923 22,805 37,930
Americas 3,390,496 298,535 142,457 38,455 2,907,191 3,856 19,695 25,294
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 29,374 6,937 3,775 5,149 9,657 3,856 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 29,031 614 27,078 3 1,335 0 0 45
United States 3,332,092 290,984 111,605 33,303 2,896,199 0 19,695 25,249
Europe 634,107 127,451 143,140 34,715 296,600 32,198 1,882 3,084
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 524 25 118 38 343 0 2 19
Denmark 5,448 2,140 3,245 64 0 0 218 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 50,046 6,788 22,131 8,316 12,809 0 325 0
Liechtenstein 2,102 490 751 24 836 0 47 113
Luxembourg6 471,220 81,171 82,500 16,499 259,109 31,941 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 4,045 1,587 563 145 1,751 0 208 0
Poland 0 0 0 0 0 0 0 0
Portugal 5,462 140 1,659 150 3,452 62 19 166
Romania 24 2 2 1 19 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 52,334 10,050 22,193 4,847 15,243 0 0 0
Sweden 7,099 3,676 950 841 1,436 195 780 285
Switzerland 7,630 2,757 2,396 1,694 783 0 284 232
Turkey 0 0 0 0 0 0 0 0
United Kingdom 28,172 18,626 6,633 2,095 818 0 0 2,270
Asia and Pacific 369,875 53,643 135,852 10,469 163,920 5,987 1,209 8,751
Australia 0 0 0 0 0 0 0 0
Hong Kong 2,656 1,444 352 158 164 534 155 29
India 48,151 3,368 8,457 111 36,016 199 0 19
Japan 141,952 45,148 93,833 0 2,971 0 883 8,256
Korea, Rep. of 159,516 3,243 16,499 10,065 124,767 4,941 0 269
New Zealand 0 0 0 0 0 0 0 0
Philippines 266 2 261 3 0 0 0 0
Taiwan 17,333 439 16,450 132 0 312 171 178
Africa 13,847 1,524 347 1,635 8,459 1,882 19 800
South Africa 13,847 1,524 347 1,635 8,459 1,882 19 800
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:Q2
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 257,959 93,633 143,818 24,508 2,951,006 680
Americas 235,262 63,273 118,325 24,132 2,906,511 680
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 3,381 3,556 3,262 513 9,165 492
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 412 203 9,994 17,083 1,147 188
United States 231,470 59,514 105,069 6,536 2,896,199 0
Europe 17,573 28,708 2 0 19 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 25 0 0 0 0
Denmark 193 1,946 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 1,283 5,505 0 0 0 0
Liechtenstein 0 490 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 437 1,151 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 29 111 0 0 0 0
Romania 2 0 2 0 19 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 3,850 6,200 0 0 0 0
Sweden 1,271 2,405 0 0 0 0
Switzerland 1,028 1,729 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 9,480 9,146 0 0 0 0
Asia and Pacific 3,726 1,526 25,153 367 36,017 0
Australia 0 0 0 0 0 0
Hong Kong 32 1,412 0 352 0 0
India 3,368 0 8,457 0 36,016 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 2 0 261 0 0 0
Taiwan 325 114 16,435 15 0 0
Africa 1,397 127 337 9 8,459 0
South Africa 1,397 127 337 9 8,459 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:Q2
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 4,271,661 422,202 380,567 60,216 3,390,238 18,436 20,723 14,743
Americas 3,334,454 267,287 119,649 26,395 2,919,282 1,839 17,270 9,161
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 25,212 8,562 1,971 2,706 10,133 1,839 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 27,381 579 25,466 9 1,326 0 0 32
United States 3,281,861 258,146 92,212 23,679 2,907,823 0 17,270 9,129
Europe 578,500 126,598 115,566 22,678 301,546 12,113 1,533 1,460
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 383 24 66 90 204 0 1 3
Denmark 2,222 1,512 641 69 0 0 48 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 56,586 11,695 20,999 6,516 17,376 0 666 0
Liechtenstein 1,829 832 326 34 636 0 12 42
Luxembourg6 424,909 74,530 68,713 10,260 259,418 11,988 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 4,534 2,004 524 122 1,883 0 174 0
Poland 0 0 0 0 0 0 0 0
Portugal 5,136 145 1,419 137 3,368 67 5 105
Romania 29 1 3 1 23 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 43,695 9,599 17,358 2,331 14,406 0 0 0
Sweden 5,672 3,233 661 386 1,334 58 407 117
Switzerland 8,454 3,577 1,247 1,454 2,177 0 219 90
Turkey 0 0 0 0 0 0 0 0
United Kingdom 25,051 19,446 3,608 1,277 720 0 0 1,104
Asia and Pacific 347,829 27,029 145,145 10,280 162,229 3,146 1,886 3,680
Australia 0 0 0 0 0 0 0 0
Hong Kong 2,110 927 276 86 168 653 100 34
India 44,831 1,996 7,527 112 34,965 231 0 53
Japan 122,605 21,424 97,050 0 4,131 0 1,478 2,925
Korea, Rep. of 153,300 1,715 17,135 9,440 122,964 2,045 0 443
New Zealand 0 0 0 0 0 0 0 0
Philippines 116 1 113 1 0 0 0 0
Taiwan 24,867 966 23,044 641 0 217 307 225
Africa 10,878 1,288 207 864 7,182 1,338 35 442
South Africa 10,878 1,288 207 864 7,182 1,338 35 442
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:Q2
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 242,635 81,899 130,445 20,375 2,960,786 667
Americas 220,877 46,411 99,638 20,012 2,918,615 667
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 3,870 4,693 1,689 282 9,641 492
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 279 300 9,383 16,083 1,151 175
United States 216,728 41,418 88,566 3,646 2,907,823 0
Europe 17,855 34,213 3 0 23 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 24 0 0 0 0
Denmark 403 1,109 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 2,087 9,608 0 0 0 0
Liechtenstein 1 831 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 736 1,268 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 62 83 0 0 0 0
Romania 1 0 3 0 23 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 3,384 6,215 0 0 0 0
Sweden 1,151 2,082 0 0 0 0
Switzerland 1,194 2,382 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 8,836 10,610 0 0 0 0
Asia and Pacific 2,771 1,119 30,614 347 34,966 0
Australia 0 0 0 0 0 0
Hong Kong 30 897 0 276 0 0
India 1,996 0 7,527 0 34,965 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 0 113 0 0 0
Taiwan 743 222 22,973 71 0 0
Africa 1,132 157 190 16 7,182 0
South Africa 1,132 157 190 16 7,182 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:Q2
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 166,426 65,463 49,223 25,866 399 25,469 2,079 24,383
Americas 53,078 31,179 23,017 9,104 -12,191 1,967 2,418 16,134
Argentina 0 0 0 0 0 0 0 0
Brazil -2,964 -69 209 -2,957 -100 -48 -6 0
Canada 4,162 -1,625 1,804 2,443 -476 2,016 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 1,649 35 1,611 -6 9 0 0 14
United States 50,231 32,838 19,393 9,624 -11,624 0 2,424 16,120
Europe 88,590 7,532 35,419 15,918 9,591 20,125 354 2,810
Austria 4,028 181 2,044 416 1,344 43 0 605
Belgium 0 0 0 0 0 0 0 0
Czech Republic 141 1 52 -52 140 0 1 16
Denmark 3,227 627 2,604 -5 0 0 170 0
Finland 2,030 -110 1,004 128 909 97 0 0
France 27,833 8,564 2,015 1,763 15,491 0 0 0
Germany 2,921 -1,431 2,478 1,106 824 -57 0 433
Greece -3,457 -171 631 368 -4,284 0 0 106
Hungary 202 5 -16 7 203 4 4 42
Ireland 0 0 0 0 0 0 0 0
Italy -6,540 -4,907 1,132 1,800 -4,567 0 -341 0
Liechtenstein 274 -342 425 -10 201 0 34 69
Luxembourg6 46,311 6,641 13,787 6,239 -309 19,953 0 0
Netherlands -815 -365 -429 82 -58 -45 0 0
Norway -488 -417 38 23 -133 0 33 0
Poland 0 0 0 0 0 0 0 0
Portugal 324 -5 238 13 84 -6 14 62
Romania -5 1 -1 0 -4 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 238 3 119 8 108 0 0 0
Spain 8,641 451 4,835 2,518 836 0 0 0
Sweden 1,426 443 288 455 102 137 373 168
Switzerland -825 -820 1,150 240 -1,394 0 65 142
Turkey 0 0 0 0 0 0 0 0
United Kingdom 3,125 -818 3,025 820 98 0 0 1,167
Asia and Pacific 21,790 26,516 -9,352 73 1,721 2,832 -677 5,081
Australia 0 0 0 0 0 0 0 0
Hong Kong 542 516 76 72 -3 -119 55 4
India 3,320 1,372 929 0 1,051 -32 0 -34
Japan 19,347 23,724 -3,217 0 -1,160 0 -595 5,332
Korea, Rep. of 6,217 1,528 -636 625 1,803 2,896 0 -174
New Zealand -253 -98 -59 -117 30 -9 0 0
Philippines 150 1 148 2 0 0 0 0
Taiwan -7,534 -527 -6,594 -509 0 96 -136 -47
Africa 2,968 235 140 771 1,277 545 -16 358
South Africa 2,968 235 140 771 1,277 545 -16 358
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:Q2
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 15,611 9,764 13,466 4,192 -9,848 13
Americas 14,317 16,862 18,828 4,191 -12,203 13
Argentina 0 0 0 0 0 0
Brazil -69 0 139 70 -100 0
Canada -489 -1,137 1,573 231 -475 0
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 133 -97 612 1,000 -4 13
United States 14,742 18,096 16,504 2,890 -11,624 0
Europe 124 -7,428 -1 0 -4 0
Austria 8 175 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 1 0 0 0 0
Denmark -210 837 0 0 0 0
Finland -29 -81 0 0 0 0
France 0 0 0 0 0 0
Germany 565 -1,997 0 0 0 0
Greece -137 -33 0 0 0 0
Hungary -3 7 0 0 0 0
Ireland 0 0 0 0 0 0
Italy -802 -4,103 0 0 0 0
Liechtenstein -1 -341 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway -299 -118 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -33 28 0 0 0 0
Romania 1 0 -1 0 -4 0
Russia 0 0 0 0 0 0
Slovakia 0 3 0 0 0 0
Spain 467 -15 0 0 0 0
Sweden 120 323 0 0 0 0
Switzerland -167 -653 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 644 -1,462 0 0 0 0
Asia and Pacific 905 359 -5,507 8 1,081 0
Australia 0 0 0 0 0 0
Hong Kong 1 515 0 76 0 0
India 1,372 0 929 0 1,051 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand -51 -47 -47 -12 30 0
Philippines 1 0 148 0 0 0
Taiwan -419 -108 -6,538 -56 0 0
Africa 265 -30 147 -7 1,277 0
South Africa 265 -30 147 -7 1,277 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:Q2
Millions of euros, end of quarter2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 13,567,282 5,895,650 2,757,276 1,204,560 2,547,383 176,568 217,282 412,674
Americas 7,423,997 3,881,973 1,337,541 567,738 1,589,792 46,953 172,310 313,150
Argentina 2,285 713 445 94 1,033 0 0 0
Brazil 225,718 14,619 158,280 42,297 7,785 2,737 45 119,634
Canada 355,662 162,044 43,272 73,816 32,682 43,848 0 0
Chile 10,855 1,063 4,318 810 4,296 368 0 0
Costa Rica 763 1 305 0 456 0 0 0
Mexico 32,386 4,865 26,591 54 876 0 0 142
United States 6,796,328 3,698,668 1,104,329 450,667 1,542,664 0 172,265 193,374
Europe 4,599,268 1,520,896 1,153,413 572,179 836,939 107,085 23,307 61,149
Austria 84,611 13,925 51,843 6,532 11,693 617 0 14,157
Belgium 92,505 56,404 11,299 22,790 1,991 22 0 10,469
Czech Republic 3,964 196 849 604 2,314 0 13 104
Denmark 53,939 18,165 35,290 484 0 0 972 0
Finland 35,027 11,987 7,491 2,967 12,125 457 0 0
France 1,098,800 284,600 201,200 231,500 381,500 0 0 0
Germany 233,778 103,353 77,375 16,865 34,439 1,747 8,222 8,736
Greece 29,088 5,269 10,603 2,067 11,150 0 0 85
Hungary 4,771 380 2,199 52 2,132 9 11 180
Ireland 408,758 0 0 0 0 0 0 0
Italy 376,992 72,849 150,677 76,211 77,255 0 3,752 0
Liechtenstein 10,232 4,434 3,162 590 2,045 0 439 874
Luxembourg6 1,185,947 417,589 397,947 83,047 195,693 91,671 0 0
Netherlands 77,223 36,365 18,998 10,709 1,032 10,119 0 0
Norway7 25,372 14,022 3,593 1,013 6,744 0 622 0
Poland 10,675 1,170 4,265 3,688 1,536 16 5 0
Portugal 23,401 1,870 10,634 1,308 8,704 885 116 1,191
Romania 66 9 8 16 33 0 0 0
Russia 1,232 763 156 306 7 0 0 1
Slovakia 2,291 59 829 153 1,250 0 59 0
Spain 251,441 83,673 73,678 40,095 53,995 0 0 0
Sweden 88,605 60,522 5,388 15,350 5,803 1,543 6,990 1,616
Switzerland 76,033 30,488 15,580 20,212 9,754 0 2,098 1,640
Turkey 17,041 467 2,610 2,027 11,938 0 7 0
United Kingdom 407,477 302,338 67,740 33,594 3,806 0 0 22,096
Asia and Pacific 1,500,732 479,399 263,213 56,778 106,427 17,826 21,148 32,795
Australia8 577,089 0 0 0 0 0 0 0
Hong Kong 334,132 212,682 84,449 20,435 13,743 2,824 16,284 0
India 29,190 7,734 8,052 832 11,577 996 0 155
Japan 336,083 238,866 72,592 0 24,626 0 2,625 28,849
Korea, Rep. of 156,232 10,385 51,818 28,912 55,857 9,259 0 2,617
New Zealand 8,608 1,361 806 2,853 622 2,966 0 0
Philippines 1,080 28 1,008 42 2 0 0 0
Taiwan 58,319 8,344 44,490 3,704 0 1,781 2,238 1,174
Africa 43,285 13,382 3,109 7,865 14,225 4,704 516 5,580
South Africa 43,285 13,382 3,109 7,865 14,225 4,704 516 5,580
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 At this time a breakdown by type of fund cannot be provided. Refer to previous quarter, Q1 2005, for last provided data.
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:Q2
Millions of euros, end of quarter2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 3,667,459 1,571,734 1,925,113 342,629 2,234,796 35,379
Americas 3,185,886 696,086 1,280,790 56,751 1,587,498 2,293
Argentina 713 0 445 0 1,033 0
Brazil 14,619 0 157,669 611 7,785 0
Canada 81,934 80,109 38,855 4,417 31,407 1,275
Chile 885 178 3,066 1,252 3,586 711
Costa Rica 0 1 287 18 456 0
Mexico 4,249 616 12,096 14,495 569 308
United States 3,083,486 615,181 1,068,372 35,958 1,542,664 0
Europe 444,406 658,900 536,311 200,158 620,369 19,845
Austria 954 12,971 27,725 24,118 8,715 2,979
Belgium 3,963 52,441 9,973 1,326 1,208 783
Czech Republic 0 196 52 797 161 2,153
Denmark 3,200 14,965 22,290 12,999 0 0
Finland 2,431 9,556 4,590 2,901 12,113 12
France 123,900 160,700 121,300 79,900 379,900 1,600
Germany 26,254 77,099 62,425 14,950 33,668 770
Greece 4,425 843 5,406 5,197 7,663 3,487
Hungary 70 309 2,183 16 2,132 0
Ireland 0 0 0 0 0 0
Italy 13,603 59,246 116,237 34,441 77,207 48
Liechtenstein 31 4,404 1,196 1,966 1,466 579
Luxembourg 0 0 0 0 0 0
Netherlands 6,415 29,950 0 0 0 0
Norway 5,319 8,702 2,525 1,068 6,744 0
Poland 1,068 102 3,092 1,172 1,536 0
Portugal 748 1,122 10,294 340 8,698 6
Romania 9 0 8 0 33 0
Russia 763 0 156 0 7 0
Slovakia 0 59 682 147 1,250 0
Spain 35,568 48,105 71,503 2,176 53,995 0
Sweden 17,363 43,159 4,599 788 5,617 186
Switzerland 15,942 14,546 4,552 11,027 2,512 7,242
Turkey 467 0 2,610 0 11,938 0
United Kingdom 181,913 120,424 62,912 4,828 3,806 0
Asia and Pacific 25,458 215,075 105,132 85,490 12,703 13,241
Australia 0 0 0 0 0 0
Hong Kong 1,057 211,624 0 84,449 502 13,241
India 7,734 0 8,052 0 11,577 0
Japan 0 0 0 0 0 0
Korea, Rep. of 10,133 252 51,127 691 0 0
New Zealand 391 970 691 115 622 0
Philippines 28 0 1,008 0 2 0
Taiwan 6,114 2,229 44,254 236 0 0
Africa 11,708 1,674 2,880 230 14,225 0
South Africa 11,708 1,674 2,880 230 14,225 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:Q2
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 3,500,338 382,050 334,918 67,711 2,680,776 34,876 18,108 30,117
Americas 2,692,152 237,046 113,115 30,535 2,308,393 3,062 15,638 20,085
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 23,324 5,508 2,997 4,089 7,668 3,062 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 23,051 488 21,500 3 1,060 0 0 36
United States 2,645,777 231,050 88,618 26,444 2,299,666 0 15,638 20,048
Europe 503,499 101,200 113,657 27,565 235,509 25,566 1,495 2,449
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 416 20 93 30 273 0 1 15
Denmark 4,326 1,699 2,577 51 0 0 173 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 39,738 5,390 17,573 6,603 10,171 0 258 0
Liechtenstein 1,669 389 597 19 664 0 37 89
Luxembourg6 374,162 64,452 65,507 13,101 205,740 25,362 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 3,212 1,260 447 115 1,390 0 165 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,337 111 1,317 119 2,741 49 15 132
Romania 19 1 2 1 15 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 41,555 7,980 17,622 3,849 12,103 0 0 0
Sweden 5,637 2,919 754 668 1,140 155 619 226
Switzerland 6,058 2,189 1,903 1,345 622 0 225 184
Turkey 0 0 0 0 0 0 0 0
United Kingdom 22,370 14,789 5,267 1,664 650 0 0 1,802
Asia and Pacific 293,691 42,594 107,870 8,313 130,157 4,754 960 6,949
Australia 0 0 0 0 0 0 0 0
Hong Kong 2,109 1,146 279 126 131 424 123 23
India 38,233 2,674 6,715 88 28,598 158 0 15
Japan 112,714 35,849 74,506 0 2,359 0 701 6,556
Korea, Rep. of 126,660 2,575 13,101 7,992 99,069 3,923 0 214
New Zealand 0 0 0 0 0 0 0 0
Philippines 212 2 207 2 0 0 0 0
Taiwan 13,763 348 13,062 105 0 248 136 141
Africa 10,995 1,210 275 1,298 6,717 1,495 15 635
South Africa 10,995 1,210 275 1,298 6,717 1,495 15 635
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:Q2
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 204,827 74,347 114,196 19,460 2,343,184 540
Americas 186,805 50,240 93,954 19,162 2,307,854 540
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 2,684 2,824 2,590 407 7,277 391
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 327 161 7,936 13,565 911 149
United States 183,794 47,256 83,428 5,190 2,299,666 0
Europe 13,953 22,795 2 0 15 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 20 0 0 0 0
Denmark 153 1,545 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 1,019 4,371 0 0 0 0
Liechtenstein 0 389 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 347 914 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 23 88 0 0 0 0
Romania 1 0 2 0 15 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 3,057 4,923 0 0 0 0
Sweden 1,009 1,910 0 0 0 0
Switzerland 816 1,373 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 7,527 7,262 0 0 0 0
Asia and Pacific 2,959 1,211 19,972 291 28,598 0
Australia 0 0 0 0 0 0
Hong Kong 25 1,121 0 279 0 0
India 2,674 0 6,715 0 28,598 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 2 0 207 0 0 0
Taiwan 258 90 13,050 12 0 0
Africa 1,109 101 268 7 6,717 0
South Africa 1,109 101 268 7 6,717 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:Q2
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 3,391,823 335,241 302,181 47,813 2,691,947 14,639 16,455 11,706
Americas 2,647,652 212,234 95,005 20,958 2,317,994 1,460 13,713 7,274
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 20,019 6,798 1,565 2,149 8,046 1,460 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 21,741 460 20,221 8 1,053 0 0 25
United States 2,605,892 204,975 73,219 18,802 2,308,896 0 13,713 7,249
Europe 459,346 100,522 91,763 18,007 239,436 9,618 1,217 1,160
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 304 19 52 71 162 0 1 2
Denmark 1,764 1,201 509 55 0 0 38 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 44,931 9,286 16,674 5,174 13,797 0 529 0
Liechtenstein 1,452 661 259 27 505 0 10 34
Luxembourg6 337,390 59,179 54,560 8,147 205,985 9,519 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 3,600 1,591 416 97 1,495 0 139 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,078 115 1,127 109 2,674 53 4 83
Romania 23 1 3 1 18 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 34,695 7,622 13,783 1,851 11,439 0 0 0
Sweden 4,504 2,567 525 306 1,059 46 323 93
Switzerland 6,713 2,840 990 1,154 1,729 0 174 71
Turkey 0 0 0 0 0 0 0 0
United Kingdom 19,891 15,441 2,865 1,014 572 0 0 877
Asia and Pacific 276,186 21,462 115,250 8,162 128,814 2,498 1,497 2,922
Australia 0 0 0 0 0 0 0 0
Hong Kong 1,676 736 219 68 133 519 80 27
India 35,597 1,585 5,977 89 27,763 183 0 42
Japan 97,352 17,011 77,060 0 3,280 0 1,174 2,322
Korea, Rep. of 121,724 1,362 13,606 7,495 97,637 1,624 0 352
New Zealand 0 0 0 0 0 0 0 0
Philippines 92 1 90 1 0 0 0 0
Taiwan 19,745 767 18,298 509 0 172 244 179
Africa 8,638 1,023 164 686 5,703 1,062 28 351
South Africa 8,638 1,023 164 686 5,703 1,062 28 351
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:Q2
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 192,659 65,030 103,577 16,178 2,350,950 529
Americas 175,383 36,851 79,115 15,890 2,317,465 529
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 3,073 3,726 1,341 224 7,655 391
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 221 238 7,450 12,771 914 139
United States 172,088 32,887 70,324 2,895 2,308,896 0
Europe 14,177 27,166 3 0 18 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 19 0 0 0 0
Denmark 320 881 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 1,657 7,629 0 0 0 0
Liechtenstein 1 660 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 584 1,007 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 49 66 0 0 0 0
Romania 1 0 3 0 18 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 2,687 4,935 0 0 0 0
Sweden 914 1,653 0 0 0 0
Switzerland 948 1,892 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 7,016 8,425 0 0 0 0
Asia and Pacific 2,200 889 24,308 275 27,764 0
Australia 0 0 0 0 0 0
Hong Kong 24 712 0 219 0 0
India 1,585 0 5,977 0 27,763 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 90 0 0 0
Taiwan 590 176 18,241 57 0 0
Africa 899 124 151 13 5,703 0
South Africa 899 124 151 13 5,703 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:Q2
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 132,147 51,980 39,085 20,538 316 20,223 1,651 19,361
Americas 42,146 24,757 18,276 7,229 -9,680 1,562 1,920 12,810
Argentina 0 0 0 0 0 0 0 0
Brazil -2,354 -54 166 -2,348 -79 -38 -5 0
Canada 3,305 -1,291 1,432 1,940 -378 1,601 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 1,310 28 1,279 -5 7 0 0 11
United States 39,885 26,074 15,399 7,642 -9,230 0 1,925 12,800
Europe 70,343 5,981 28,123 12,639 7,616 15,980 281 2,231
Austria 3,198 144 1,623 330 1,067 34 0 480
Belgium 0 0 0 0 0 0 0 0
Czech Republic 112 1 41 -41 111 0 1 13
Denmark 2,562 498 2,068 -4 0 0 135 0
Finland 1,612 -87 797 102 722 77 0 0
France 22,100 6,800 1,600 1,400 12,300 0 0 0
Germany 2,319 -1,136 1,968 878 654 -45 0 344
Greece -2,745 -136 501 292 -3,402 0 0 84
Hungary 160 4 -13 5 161 3 3 33
Ireland 0 0 0 0 0 0 0 0
Italy -5,193 -3,896 899 1,429 -3,626 0 -271 0
Liechtenstein 218 -271 338 -8 159 0 27 55
Luxembourg6 36,772 5,273 10,947 4,954 -245 15,843 0 0
Netherlands -647 -290 -341 65 -46 -36 0 0
Norway -388 -331 30 19 -105 0 27 0
Poland 0 0 0 0 0 0 0 0
Portugal 257 -4 189 10 67 -5 11 49
Romania -4 0 -1 0 -3 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 189 3 95 6 86 0 0 0
Spain 6,861 358 3,839 1,999 664 0 0 0
Sweden 1,133 352 229 361 81 109 296 133
Switzerland -655 -651 913 190 -1,107 0 52 113
Turkey 0 0 0 0 0 0 0 0
United Kingdom 2,482 -650 2,402 651 78 0 0 927
Asia and Pacific 17,302 21,055 -7,426 58 1,366 2,248 -537 4,034
Australia 0 0 0 0 0 0 0 0
Hong Kong 431 410 61 57 -3 -95 44 4
India 2,636 1,089 738 0 835 -25 0 -27
Japan 15,362 18,838 -2,554 0 -921 0 -473 4,233
Korea, Rep. of 4,936 1,213 -505 496 1,432 2,300 0 -138
New Zealand -201 -78 -47 -93 24 -7 0 0
Philippines 119 0 117 1 0 0 0 0
Taiwan -5,982 -418 -5,236 -404 0 76 -108 -37
Africa 2,357 187 111 612 1,014 432 -13 284
South Africa 2,357 187 111 612 1,014 432 -13 284
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:Q2
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 12,396 7,753 10,692 3,328 -7,820 11
Americas 11,368 13,389 14,950 3,327 -9,690 11
Argentina 0 0 0 0 0 0
Brazil -54 0 110 56 -79 0
Canada -388 -902 1,249 183 -377 0
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 105 -77 486 794 -3 11
United States 11,706 14,369 13,105 2,295 -9,230 0
Europe 99 -5,898 -1 0 -3 0
Austria 6 139 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 1 0 0 0 0
Denmark -167 665 0 0 0 0
Finland -23 -64 0 0 0 0
France 0 0 0 0 0 0
Germany 449 -1,586 0 0 0 0
Greece -109 -26 0 0 0 0
Hungary -2 6 0 0 0 0
Ireland 0 0 0 0 0 0
Italy -637 -3,258 0 0 0 0
Liechtenstein -1 -271 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway -237 -94 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -26 22 0 0 0 0
Romania 0 0 -1 0 -3 0
Russia 0 0 0 0 0 0
Slovakia 0 3 0 0 0 0
Spain 371 -12 0 0 0 0
Sweden 96 257 0 0 0 0
Switzerland -133 -518 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 511 -1,161 0 0 0 0
Asia and Pacific 718 285 -4,373 6 858 0
Australia 0 0 0 0 0 0
Hong Kong 1 409 0 61 0 0
India 1,089 0 738 0 835 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand -40 -38 -37 -10 24 0
Philippines 0 0 117 0 0 0
Taiwan -332 -86 -5,191 -45 0 0
Africa 211 -24 116 -5 1,014 0
South Africa 211 -24 116 -5 1,014 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:Q2
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 7,974 2,488 1,554 327 3,604 0 0 0
Brazil 636,627 41,232 446,423 119,297 21,956 7,719 127 337,423
Canada 526,875 240,050 64,103 109,350 48,415 64,956 0 0
Chile 7,583,588 742,757 3,016,503 565,675 3,001,470 257,183 0 0
Costa Rica 441,165 731 176,630 0 263,804 0 0 0
Mexico 420,946 63,233 345,622 702 11,387 0 0 1,845
United States 8,218,120 4,472,429 1,335,355 544,947 1,865,389 0 208,303 233,828
Europe
Austria 84,611 13,925 51,843 6,532 11,693 617 0 14,157
Belgium 92,505 56,404 11,299 22,790 1,991 22 0 10,469
Czech Republic 119,026 5,884 25,505 18,141 69,495 0 402 3,129
Denmark 401,925 135,358 262,961 3,606 0 0 7,240 0
Finland 35,027 11,987 7,491 2,967 12,125 457 0 0
France 1,098,800 284,600 201,200 231,500 381,500 0 0 0
Germany 233,778 103,353 77,375 16,865 34,439 1,747 8,222 8,736
Greece 29,088 5,269 10,603 2,067 11,150 0 0 85
Hungary 1,179,480 93,913 543,586 12,789 527,034 2,158 2,665 44,580
Ireland 408,758 0 0 0 0 0 0 0
Italy 376,992 72,849 150,677 76,211 77,255 0 3,752 0
Liechtenstein 15,858 6,873 4,901 914 3,170 0 681 1,354
Luxembourg5 1,185,947 417,589 397,947 83,047 195,693 91,671 0 0
Netherlands 77,223 36,365 18,998 10,709 1,032 10,119 0 0
Norway6 200,829 110,990 28,441 8,017 53,381 0 4,921 0
Poland 43,115 4,727 17,224 14,896 6,203 64 20 0
Portugal 23,401 1,870 10,634 1,308 8,704 885 116 1,191
Romania 2,371,260 316,750 300,420 566,740 1,187,350 0 0 0
Russia 42,637 26,400 5,395 10,587 255 0 0 34
Slovakia 88,021 2,278 31,834 5,891 48,018 0 2,278 0
Spain 251,441 83,673 73,678 40,095 53,995 0 0 0
Sweden 835,181 570,471 50,784 144,686 54,697 14,543 65,891 15,235
Switzerland 117,844 47,253 24,147 31,327 15,118 0 3,252 2,542
Turkey 27,597 756 4,227 3,282 19,332 0 12 0
United Kingdom 274,721 203,836 45,670 22,649 2,566 0 0 14,897
Asia and Pacific
Australia7 915,255 0 0 0 0 0 0 0
Hong Kong 3,139,733 1,998,504 793,539 192,018 129,140 26,532 153,020 0
India 1,534,870 406,660 423,380 43,730 608,750 52,350 0 8,140
Japan 45,076,992 32,037,736 9,736,314 0 3,302,942 0 352,123 3,869,359
Korea, Rep. of 195,433,020 12,990,854 64,819,735 36,166,815 69,873,039 11,582,577 0 3,273,041
New Zealand 14,925 2,359 1,397 4,947 1,079 5,143 0 0
Philippines 73,093 1,929 68,195 2,866 103 0 0 0
Taiwan 2,229,507 318,978 1,700,828 141,609 0 68,093 85,574 44,894
Africa
South Africa 348,039 107,599 25,002 63,239 114,381 37,819 4,150 44,867
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 At this time a breakdown by type of fund cannot be provided. Refer to previous quarter, Q1 2005, for last provided data.
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:Q2
Millions of units of local currency, end of quarter
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
Americas
Argentina 2,488 0 1,554 0 3,604 0
Brazil 41,232 0 444,700 1,722 21,956 0
Canada 121,377 118,673 57,560 6,543 46,526 1,889
Chile 618,421 124,336 2,141,606 874,897 2,504,990 496,480
Costa Rica 0 731 166,032 10,598 263,804 0
Mexico 55,226 8,007 157,223 188,399 7,390 3,997
United States 3,728,551 743,877 1,291,875 43,481 1,865,389 0
Europe
Austria 954 12,971 27,725 24,118 8,715 2,979
Belgium 3,963 52,441 9,973 1,326 1,208 783
Czech Republic 0 5,884 1,560 23,945 4,846 64,649
Denmark 23,848 111,510 166,096 96,865 0 0
Finland 2,431 9,556 4,590 2,901 12,113 12
France 123,900 160,700 121,300 79,900 379,900 1,600
Germany 26,254 77,099 62,425 14,950 33,668 770
Greece 4,425 843 5,406 5,197 7,663 3,487
Hungary 17,417 76,496 539,673 3,913 527,034 0
Ireland 0 0 0 0 0 0
Italy 13,603 59,246 116,237 34,441 77,207 48
Liechtenstein 48 6,825 1,854 3,047 2,272 898
Luxembourg 0 0 0 0 0 0
Netherlands 6,415 29,950 0 0 0 0
Norway 42,106 68,884 19,990 8,451 53,381 0
Poland 4,314 413 12,489 4,735 6,203 0
Portugal 748 1,122 10,294 340 8,698 6
Romania 316,750 0 300,420 0 1,187,350 0
Russia 26,400 0 5,395 0 255 0
Slovakia 0 2,278 26,203 5,632 48,018 0
Spain 35,568 48,105 71,503 2,176 53,995 0
Sweden 163,658 406,813 43,352 7,432 52,947 1,750
Switzerland 24,708 22,545 7,055 17,091 3,894 11,224
Turkey 756 0 4,227 0 19,332 0
United Kingdom 122,646 81,190 42,415 3,255 2,566 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 9,935 1,988,569 0 793,539 4,715 124,425
India 406,660 0 423,380 0 608,750 0
Japan 0 0 0 0 0 0
Korea, Rep. of 12,675,754 315,100 63,955,735 864,000 0 0
New Zealand 678 1,681 1,198 199 1,079 0
Philippines 1,929 0 68,195 0 103 0
Taiwan 233,753 85,225 1,691,821 9,006 0 0
Africa
South Africa 94,142 13,457 23,154 1,848 114,381 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:Q2
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 36,544 8,630 4,696 6,406 12,014 4,797 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 318,242 6,735 296,834 37 14,634 0 0 498
United States 3,332,092 290,984 111,605 33,303 2,896,199 0 19,695 25,249
Europe
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 12,533 603 2,811 906 8,213 0 42 456
Denmark 32,214 12,650 19,187 377 0 0 1,291 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 39,738 5,390 17,573 6,603 10,171 0 258 0
Liechtenstein 2,577 601 921 30 1,025 0 57 138
Luxembourg5 374,162 64,452 65,507 13,101 205,740 25,362 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 25,853 10,143 3,595 928 11,187 0 1,329 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,337 111 1,317 119 2,741 49 15 132
Romania 702,347 54,038 59,989 32,574 555,746 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 41,555 7,980 17,622 3,849 12,103 0 0 0
Sweden 51,903 26,879 6,944 6,151 10,500 1,429 5,703 2,082
Switzerland 9,352 3,379 2,937 2,076 960 0 348 284
Turkey 0 0 0 0 0 0 0 0
United Kingdom 15,180 10,036 3,574 1,129 441 0 0 1,223
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 20,685 11,243 2,741 1,231 1,280 4,162 1,206 226
India 2,099,100 146,810 368,670 4,850 1,570,090 8,680 0 820
Japan 15,267,587 4,855,883 10,092,128 0 319,576 0 94,969 888,013
Korea, Rep. of 160,850,035 3,270,387 16,637,429 10,149,129 125,810,670 4,982,420 0 271,473
New Zealand 0 0 0 0 0 0 0 0
Philippines 14,570 112 14,278 157 23 0 0 0
Taiwan 544,154 13,772 516,429 4,149 0 9,804 5,367 5,587
Africa
South Africa 88,827 9,775 2,223 10,489 54,266 12,074 813 5,131
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:Q2
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 4,206 4,424 4,058 638 11,402 612
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 4,511 2,224 109,562 187,271 12,574 2,060
United States 231,470 59,514 105,069 6,536 2,896,199 0
Europe
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 603 0 0 0 0
Denmark 1,143 11,507 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 1,019 4,371 0 0 0 0
Liechtenstein 0 601 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 2,790 7,353 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 23 88 0 0 0 0
Romania 54,038 0 59,989 0 555,746 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 3,057 4,923 0 0 0 0
Sweden 9,294 17,585 0 0 0 0
Switzerland 1,260 2,119 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 5,108 4,928 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 248 10,995 0 2,741 0 0
India 146,810 0 368,670 0 1,570,090 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 112 0 14,278 0 23 0
Taiwan 10,197 3,575 515,968 461 0 0
Africa
South Africa 8,962 813 2,163 60 54,266 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:Q2
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 31,366 10,652 2,452 3,367 12,606 2,288 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 300,156 6,347 279,169 104 14,536 0 0 350
United States 3,281,861 258,146 92,212 23,679 2,907,823 0 17,270 9,129
Europe
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 9,170 570 1,578 2,149 4,873 0 16 63
Denmark 13,137 8,941 3,789 407 0 0 286 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 44,931 9,286 16,674 5,174 13,797 0 529 0
Liechtenstein 2,242 1,020 400 42 780 0 15 52
Luxembourg5 337,390 59,179 54,560 8,147 205,985 9,519 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 28,972 12,807 3,351 779 12,035 0 1,115 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,078 115 1,127 109 2,674 53 4 83
Romania 837,498 38,878 93,239 38,389 666,992 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 34,695 7,622 13,783 1,851 11,439 0 0 0
Sweden 41,474 23,638 4,835 2,822 9,755 424 2,976 854
Switzerland 10,363 4,384 1,528 1,782 2,669 0 268 110
Turkey 0 0 0 0 0 0 0 0
United Kingdom 13,498 10,478 1,944 688 388 0 0 595
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 16,435 7,222 2,147 670 1,306 5,089 780 262
India 1,954,360 87,000 328,150 4,870 1,524,270 10,070 0 2,310
Japan 13,186,707 2,304,225 10,438,144 0 444,338 0 159,004 314,576
Korea, Rep. of 154,581,478 1,729,744 17,278,417 9,518,664 123,992,471 2,062,182 0 446,911
New Zealand 0 0 0 0 0 0 0 0
Philippines 6,365 78 6,199 64 24 0 0 0
Taiwan 780,674 30,314 723,442 20,121 0 6,797 9,644 7,067
Africa
South Africa 69,784 8,265 1,325 5,541 46,072 8,581 225 2,834
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:Q2
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 4,815 5,838 2,101 351 11,994 612
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 3,058 3,289 102,857 176,312 12,622 1,914
United States 216,728 41,418 88,566 3,646 2,907,823 0
Europe
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 570 0 0 0 0
Denmark 2,384 6,557 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 1,657 7,629 0 0 0 0
Liechtenstein 1 1,019 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 4,701 8,106 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 49 66 0 0 0 0
Romania 38,878 0 93,239 0 666,992 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 2,687 4,935 0 0 0 0
Sweden 8,414 15,223 0 0 0 0
Switzerland 1,464 2,920 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 4,761 5,717 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 237 6,985 0 2,147 0 0
India 87,000 0 328,150 0 1,524,270 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 78 0 6,199 0 24 0
Taiwan 23,338 6,976 721,209 2,234 0 0
Africa
South Africa 7,261 1,004 1,222 103 46,072 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:Q2
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 -7,343 -170 518 -7,324 -247 -120 -15 0
Canada 5,178 -2,022 2,244 3,039 -592 2,508 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 18,082 388 17,664 -67 97 0 0 148
United States 50,231 32,838 19,393 9,624 -11,624 0 2,424 16,120
Europe
Austria 3,198 144 1,623 330 1,067 34 0 480
Belgium 0 0 0 0 0 0 0 0
Czech Republic 3,363 33 1,233 -1,243 3,340 0 27 393
Denmark 19,077 3,709 15,398 -30 0 0 1,005 0
Finland 1,612 -87 797 102 722 77 0 0
France 22,100 6,800 1,600 1,400 12,300 0 0 0
Germany 2,319 -1,136 1,968 878 654 -45 0 344
Greece -2,745 -136 501 292 -3,402 0 0 84
Hungary 40,059 961 -3,247 1,362 40,246 737 865 8,330
Ireland 0 0 0 0 0 0 0 0
Italy -5,193 -3,896 899 1,429 -3,626 0 -271 0
Liechtenstein 336 -419 521 -12 246 0 42 85
Luxembourg5 36,772 5,273 10,947 4,954 -245 15,843 0 0
Netherlands -647 -290 -341 65 -46 -36 0 0
Norway -3,119 -2,664 244 149 -848 0 214 0
Poland 0 0 0 0 0 0 0 0
Portugal 257 -4 189 10 67 -5 11 49
Romania -135,151 15,160 -33,250 -5,815 -111,246 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 7,368 99 3,691 247 3,332 0 0 0
Spain 6,861 358 3,839 1,999 664 0 0 0
Sweden 10,429 3,242 2,109 3,328 746 1,004 2,727 1,228
Switzerland -1,011 -1,005 1,409 294 -1,709 0 80 174
Turkey 0 0 0 0 0 0 0 0
United Kingdom 1,684 -441 1,630 442 53 0 0 629
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 4,223 4,021 594 561 -26 -927 427 35
India 144,740 59,810 40,520 -20 45,820 -1,390 0 -1,490
Japan 2,080,880 2,551,658 -346,016 0 -124,762 0 -64,035 573,437
Korea, Rep. of 6,268,557 1,540,643 -640,988 630,465 1,818,199 2,920,238 0 -175,438
New Zealand -353 -137 -82 -163 42 -13 0 0
Philippines 8,205 34 8,079 93 -1 0 0 0
Taiwan -236,521 -16,542 -207,013 -15,972 0 3,007 -4,276 -1,480
Africa
South Africa 19,042 1,510 897 4,947 8,194 3,493 -105 2,297
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:Q2
Millions of units of local currency
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
Americas
Argentina 0 0 0 0 0 0
Brazil -170 0 344 174 -247 0
Canada -608 -1,414 1,957 287 -591 0
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 1,453 -1,064 6,705 10,959 -47 145
United States 14,742 18,096 16,504 2,890 -11,624 0
Europe
Austria 6 139 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 33 0 0 0 0
Denmark -1,241 4,950 0 0 0 0
Finland -23 -64 0 0 0 0
France 0 0 0 0 0 0
Germany 449 -1,586 0 0 0 0
Greece -109 -26 0 0 0 0
Hungary -514 1,475 0 0 0 0
Ireland 0 0 0 0 0 0
Italy -637 -3,258 0 0 0 0
Liechtenstein -1 -418 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway -1,911 -753 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -26 22 0 0 0 0
Romania 15,160 0 -33,250 0 -111,246 0
Russia 0 0 0 0 0 0
Slovakia 0 99 0 0 0 0
Spain 371 -12 0 0 0 0
Sweden 880 2,362 0 0 0 0
Switzerland -205 -800 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 347 -788 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 11 4,010 0 594 0 0
India 59,810 0 40,520 0 45,820 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand -71 -66 -65 -17 42 0
Philippines 34 0 8,079 0 -1 0
Taiwan -13,141 -3,401 -205,241 -1,773 0 0
Africa
South Africa 1,701 -191 940 -43 8,194 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:Q2
End of quarter
Balanced/ Money Other Sector Funds of
Total Equity2 Bond2 Mixed2 Market2 Funds2 Equity2,3 Funds2,4
World 55,920 23,043 13,210 11,295 3,598 2,659 1,186 3,835
Americas 14,026 6,476 4,048 2,028 1,232 242 499 2,298
Argentina 192 59 73 21 39 0 0 0
Brazil 2,769 415 1,183 1,004 48 119 13 1,871
Canada 1,948 1,245 198 296 109 100 0 0
Chile 636 135 201 192 85 23 0 0
Costa Rica 113 2 68 0 43 0 0 0
Mexico 410 95 302 4 9 0 0 6
United States 7,958 4,525 2,023 511 899 0 486 421
Europe 29,690 12,168 6,098 6,082 1,828 1,399 275 1,011
Austria 850 243 364 159 51 33 0 420
Belgium 1,345 1,134 98 95 17 1 0 74
Czech Republic 51 10 11 25 5 0 3 8
Denmark 436 264 150 22 0 0 35 0
Finland 303 174 52 41 29 7 0 0
France 7,847 2,861 1,289 3,054 643 0 0 0
Germany 1,056 492 304 180 46 34 56 182
Greece 252 108 64 42 38 0 0 5
Hungary 86 26 26 8 23 3 1 14
Ireland 2,115 0 0 0 0 0 0 0
Italy 1,082 448 304 289 41 0 62 0
Liechtenstein 179 96 40 37 6 0 11 34
Luxembourg5 7,079 2,642 1,917 855 505 1,160 0 0
Netherlands 515 236 81 53 10 135 0 0
Norway6 393 241 67 36 49 0 33 0
Poland 136 28 44 36 25 3 2 0
Portugal 170 62 49 24 26 9 9 36
Romania 19 6 5 6 2 0 0 0
Russia 229 81 47 98 3 0 0 2
Slovakia 43 7 15 12 9 0 7 0
Spain 2,657 1,322 709 463 163 0 0 0
Sweden 462 302 46 66 34 14 31 25
Switzerland 421 195 107 103 16 0 21 15
Turkey 258 123 40 47 48 0 4 0
United Kingdom 1,706 1,067 269 331 39 0 0 196
Asia and Pacific 11,634 4,195 3,023 2,950 512 954 400 325
Australia 0 0 0 0 0 0 0 0
Hong Kong 1,040 681 204 74 64 17 96 0
India 415 159 130 34 41 51 0 12
Japan 2,576 2,341 221 0 14 0 240 166
Korea, Rep. of 6,568 590 2,223 2,562 375 818 0 117
New Zealand 554 175 121 182 17 59 0 0
Philippines 28 5 15 7 1 0 0 0
Taiwan 453 244 109 91 0 9 64 30
Africa 570 204 41 235 26 64 12 201
South Africa 570 204 41 235 26 64 12 201
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:Q2
End of quarter
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 8,285 9,185 6,960 1,808 2,502 192
Americas 4,650 1,826 3,658 390 1,182 50
Argentina 59 0 73 0 39 0
Brazil 415 0 1,143 40 48 0
Canada 365 880 148 50 87 22
Chile 54 81 107 94 61 24
Costa Rica 0 2 64 4 43 0
Mexico 62 33 208 94 5 4
United States 3,695 830 1,915 108 899 0
Europe 3,067 6,459 2,932 1,168 1,228 85
Austria 11 232 155 209 23 28
Belgium 69 1,065 69 29 10 7
Czech Republic 0 10 1 10 3 2
Denmark 28 236 81 69 0 0
Finland 23 151 37 15 28 1
France 1,303 1,558 975 314 626 17
Germany 73 419 226 78 43 3
Greece 63 45 33 31 30 8
Hungary 12 14 24 2 23 0
Ireland 0 0 0 0 0 0
Italy 58 390 158 146 40 1
Liechtenstein 1 95 13 27 4 2
Luxembourg 0 0 0 0 0 0
Netherlands 48 188 0 0 0 0
Norway 79 162 58 9 49 0
Poland 20 8 27 17 25 0
Portugal 20 42 43 6 25 1
Romania 6 0 5 0 2 0
Russia 81 0 47 0 3 0
Slovakia 0 7 11 4 9 0
Spain 438 884 640 69 163 0
Sweden 95 207 38 8 33 1
Switzerland 62 133 37 70 2 14
Turkey 123 0 40 0 48 0
United Kingdom 454 613 214 55 39 0
Asia and Pacific 415 849 338 241 66 57
Australia 0 0 0 0 0 0
Hong Kong 18 663 0 204 7 57
India 159 0 130 0 41 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 49 126 101 20 17 0
Philippines 5 0 15 0 1 0
Taiwan 184 60 92 17 0 0
Africa 153 51 32 9 26 0
South Africa 153 51 32 9 26 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:Q2
Units of local currency per U.S. dollar
End of Quarter Quarterly Average1
Americas
Argentina 2.8863 2.8906
Brazil 2.3325 2.4771
Canada 1.2251 1.2441
Chile 577.7500 581.4009
Costa Rica 478.2515 473.3457
Mexico 10.7490 10.9623
United States 1.0000 1.0000
Europe
Austria2 0.8270 0.7940
Belgium2 0.8270 0.7940
Czech Republic 24.8346 23.9233
Denmark 6.1623 5.9126
Finland2 0.8270 0.7940
France2 0.8270 0.7940
Germany2 0.8270 0.7940
Greece2 0.8270 0.7940
Hungary 204.4658 198.3087
Ireland2 0.8270 0.7940
Italy2 0.8270 0.7940
Liechtenstein 1.2818 1.2257
Luxembourg2 0.8270 0.7940
Netherlands2 0.8270 0.7940
Norway 6.5461 6.3906
Poland 3.3401 3.2794
Portugal2 0.8270 0.7940
Romania 29,866.0000 28,771.4073
Russia 28.6300 28.0960
Slovakia 31.7681 30.9027
Spain2 0.8270 0.7940
Sweden 7.7952 7.3117
Switzerland 1.2818 1.2257
Turkey 1.3392 1.3652
United Kingdom 0.5576 0.5388
Asia and Pacific
Australia 1.3116 1.3009
Hong Kong 7.7710 7.7880
India 43.4850 43.5939
Japan 110.9200 107.5546
Korea, Rep. of 1,034.5000 1,008.3617
New Zealand 1.4339 1.3972
Philippines 55.9750 54.6773
Taiwan 31.6156 31.3939
Africa
South Africa 6.6495 6.4149
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.