INTERNATIONAL INVESTMENT FUNDS
ASSOCIATION
INTERNATIONAL DATA EXCHANGE
WORLDWIDE ASSETS, FLOWS, AND NUMBER OF INVESTMENT FUNDS
2005: Q3
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.
2/15/2006
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:Q3
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 17,284,222 7,681,864 3,452,517 1,535,192 3,158,403 244,798 312,326 581,576
Americas 9,432,829 5,004,119 1,671,853 718,291 1,971,144 67,768 225,186 440,494
Argentina 3,537 1,355 629 139 1,414 0 0 0
Brazil 303,349 20,349 214,362 54,081 9,823 4,734 66 177,609
Canada 476,549 214,911 57,015 101,636 40,496 62,491 0 0
Chile 15,832 1,900 6,601 1,271 5,518 542 0 0
Costa Rica 924 2 384 346 538 0 0 0
Mexico 43,464 6,104 36,531 64 765 0 0 188
United States 8,589,175 4,759,499 1,356,331 560,755 1,912,590 0 225,120 262,697
Europe 5,921,258 2,033,497 1,457,099 737,286 1,029,174 144,694 58,909 85,816
Austria 107,729 18,713 64,729 9,116 14,683 489 0 17,833
Belgium 115,561 71,171 14,195 27,616 2,554 25 6,214 13,501
Czech Republic 5,249 296 1,099 848 2,922 85 56 158
Denmark 71,112 26,050 44,452 611 0 0 1,262 0
Finland 45,503 16,597 9,911 3,961 14,373 661 0 0
France 1,406,024 376,915 258,662 293,945 476,502 0 0 0
Germany 298,935 136,226 95,806 21,927 42,773 2,202 9,936 11,752
Greece 34,688 6,747 16,251 2,750 8,940 0 0 355
Hungary 6,852 580 3,327 97 2,828 20 20 324
Ireland 519,514 0 0 0 0 0 0 0
Italy 463,513 92,861 183,807 98,396 88,450 0 4,531 0
Liechtenstein 13,488 5,995 4,215 778 2,500 0 698 1,073
Luxembourg6 1,564,947 578,239 505,668 111,611 243,816 125,614 0 0
Netherlands 91,307 44,331 20,205 13,364 1,390 12,019 0 0
Norway7 34,622 20,520 4,267 1,396 8,438 0 976 0
Poland 15,510 1,690 5,467 6,048 2,305 0 4 43
Portugal 29,012 2,458 13,085 1,718 10,536 1,216 167 1,709
Romania 95 16 14 26 40 0 0 0
Russia 2,027 1,256 296 464 10 0 0 2
Slovakia 2,954 90 1,133 209 1,522 0 0 69
Spain 316,145 107,091 90,987 52,420 65,648 0 0 0
Sweden 116,761 80,533 7,157 19,684 7,024 2,363 8,490 2,246
Switzerland 105,800 43,129 25,006 24,839 12,825 0 9,874 2,099
Turkey 20,793 615 3,271 2,476 14,430 0 13 0
United Kingdom 533,118 401,378 84,089 42,984 4,667 0 16,668 34,653
Asia and Pacific 1,868,776 624,583 319,615 69,443 139,722 23,126 27,620 47,312
Australia8 692,286 0 0 0 0 0 0 0
Hong Kong 444,215 276,089 110,763 25,100 29,313 2,950 21,728 0
India 43,074 13,117 10,542 1,234 16,826 1,354 0 172
Japan 429,915 306,919 95,382 0 27,614 0 3,072 42,246
Korea, Rep. of 183,430 16,290 53,558 35,545 65,183 12,854 0 3,195
New Zealand 10,603 1,649 1,070 3,491 785 3,608 0 0
Philippines 1,373 29 1,278 55 2 9 0 0
Taiwan 63,880 10,490 47,021 4,018 0 2,351 2,821 1,698
Africa 61,359 19,665 3,949 10,172 18,363 9,210 612 7,954
South Africa 61,359 19,665 3,949 10,172 18,363 9,210 612 7,954
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 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:Q3
Millions of U.S. dollars, end of quarter2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 4,685,342 2,111,364 2,387,686 443,581 2,829,272 54,790
Americas 4,054,848 949,271 1,597,447 74,408 1,968,525 2,619
Argentina 1,355 0 629 0 1,414 0
Brazil 20,349 0 213,376 986 9,823 0
Canada 113,064 101,845 51,435 5,580 38,905 1,592
Chile 1,574 326 4,780 1,821 4,518 1,000
Costa Rica 0 2 346 38 538 0
Mexico 5,381 723 16,499 20,031 738 27
United States 3,913,125 846,375 1,310,381 45,951 1,912,590 0
Europe 574,748 880,511 674,680 256,549 759,018 23,430
Austria 1,408 17,306 34,925 29,804 10,846 3,837
Belgium 5,055 66,115 12,528 1,667 1,596 959
Czech Republic 0 296 69 1,030 197 2,725
Denmark 4,163 21,887 27,180 17,272 0 0
Finland 3,307 13,291 5,998 3,914 14,360 12
France 158,473 218,442 155,462 103,200 474,455 2,047
Germany 34,936 101,290 78,073 17,733 41,800 973
Greece 5,644 1,103 6,528 9,723 6,678 2,261
Hungary 121 459 3,308 19 2,828 0
Ireland 0 0 0 0 0 0
Italy 17,119 75,743 142,271 41,536 88,370 79
Liechtenstein 39 5,956 1,648 2,568 1,789 712
Luxembourg 0 0 0 0 0 0
Netherlands 8,132 36,198 0 0 0 0
Norway 7,545 12,975 3,263 1,005 8,438 0
Poland 1,539 151 4,016 1,451 2,305 0
Portugal 953 1,504 12,639 446 10,536 0
Romania 16 0 14 0 40 0
Russia 1,256 0 296 0 10 0
Slovakia 0 90 872 261 0 0
Spain 45,159 61,933 88,251 2,736 65,648 0
Sweden 21,920 58,613 6,130 1,027 7,024 0
Switzerland 22,288 20,841 10,034 14,973 3,001 9,824
Turkey 615 0 3,271 0 14,430 0
United Kingdom 235,061 166,317 77,902 6,187 4,667 0
Asia and Pacific 38,186 279,478 111,872 112,361 83,367 28,741
Australia 0 0 0 0 0 0
Hong Kong 1,405 274,685 0 110,763 572 28,741
India 13,117 0 10,542 0 16,826 0
Japan 0 0 0 0 0 0
Korea, Rep. of 15,836 454 52,806 752 65,183 0
New Zealand 579 1,070 915 156 785 0
Philippines 29 0 1,278 0 2 0
Taiwan 7,220 3,269 46,331 690 0 0
Africa 17,560 2,105 3,686 263 18,363 0
South Africa 17,560 2,105 3,686 263 18,363 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:Q3
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 4,876,013 526,968 473,534 89,422 3,729,003 57,084 27,531 43,659
Americas 3,745,329 296,527 145,782 36,653 3,262,187 4,181 22,169 27,087
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 30,922 7,186 4,215 5,844 9,495 4,181 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 33,379 625 31,283 6 1,466 0 0 31
United States 3,681,028 288,717 110,284 30,803 3,251,226 0 22,169 27,056
Europe 659,449 166,389 142,077 36,322 271,291 43,367 3,902 2,863
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 490 40 95 81 274 0 2 28
Denmark 4,690 2,551 2,128 11 0 0 103 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 45,749 7,441 18,155 9,573 10,579 0 321 0
Liechtenstein 1,469 326 606 104 434 0 38 43
Luxembourg6 498,426 114,713 90,365 18,816 231,741 42,790 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 4,710 2,403 601 213 1,493 0 206 0
Poland 0 0 0 0 0 0 0 0
Portugal 5,481 223 1,707 179 3,207 165 26 337
Romania 30 5 1 3 21 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 45,295 9,989 18,947 3,679 12,680 0 0 0
Sweden 6,212 3,589 690 503 1,019 412 264 285
Switzerland 15,682 3,361 2,589 870 8,863 0 1,257 135
Turkey 0 0 0 0 0 0 0 0
United Kingdom 31,215 21,747 6,194 2,290 982 0 1,687 2,035
Asia and Pacific 456,895 62,074 185,293 14,513 188,363 6,651 1,441 12,711
Australia 0 0 0 0 0 0 0 0
Hong Kong 3,772 2,661 469 176 172 294 248 38
India 65,193 4,549 10,067 256 49,962 359 0 23
Japan 175,578 46,029 126,727 0 2,822 0 984 11,047
Korea, Rep. of 173,134 6,319 12,701 13,290 135,406 5,418 0 781
New Zealand 0 0 0 0 0 0 0 0
Philippines 55 1 52 2 0 0 0 0
Taiwan 39,163 2,516 35,278 788 0 580 209 822
Africa 14,340 1,978 381 1,933 7,162 2,886 19 998
South Africa 14,340 1,978 381 1,933 7,162 2,886 19 998
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:Q3
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 256,280 103,629 166,010 26,021 3,318,739 593
Americas 230,910 65,619 120,846 24,936 3,261,594 593
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 3,091 4,095 3,845 370 9,004 491
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 340 284 12,162 19,121 1,364 102
United States 227,478 61,239 104,839 5,445 3,251,226 0
Europe 17,249 34,428 1 0 21 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 40 0 0 0 0
Denmark 200 2,351 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 1,011 6,430 0 0 0 0
Liechtenstein 0 326 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 545 1,858 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 28 195 0 0 0 0
Romania 5 0 1 0 21 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 2,914 7,075 0 0 0 0
Sweden 719 2,870 0 0 0 0
Switzerland 1,326 2,034 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 10,500 11,248 0 0 0 0
Asia and Pacific 6,319 3,408 44,796 1,070 49,962 0
Australia 0 0 0 0 0 0
Hong Kong 76 2,585 0 469 0 0
India 4,549 0 10,067 0 49,962 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 52 0 0 0
Taiwan 1,694 822 34,677 601 0 0
Africa 1,803 175 367 15 7,162 0
South Africa 1,803 175 367 15 7,162 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:Q3
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 4,628,831 452,134 411,894 58,515 3,682,023 24,264 23,306 16,573
Americas 3,629,589 268,641 111,887 26,724 3,220,628 1,710 18,185 9,614
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 24,548 8,413 1,824 2,723 9,879 1,710 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 30,066 752 27,861 10 1,442 0 0 20
United States 3,574,975 259,476 82,202 23,991 3,209,307 0 18,185 9,594
Europe 541,542 131,360 110,352 18,614 265,411 15,803 3,332 1,325
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 264 18 34 19 193 0 1 3
Denmark 1,415 931 471 14 0 0 113 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 44,545 8,408 17,795 4,760 13,582 0 527 0
Liechtenstein 876 229 208 35 404 0 15 71
Luxembourg6 405,833 87,917 68,056 9,708 224,468 15,684 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 3,376 1,313 690 124 1,248 0 173 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,943 200 1,460 67 3,183 32 9 95
Romania 25 1 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 37,846 7,280 16,799 1,459 12,306 0 0 0
Sweden 4,856 3,250 301 341 876 87 734 102
Switzerland 13,849 3,347 1,206 1,030 8,266 0 1,020 74
Turkey 0 0 0 0 0 0 0 0
United Kingdom 23,714 18,465 3,329 1,057 862 0 741 980
Asia and Pacific 445,856 50,405 189,291 12,329 188,788 5,043 1,759 5,045
Australia 0 0 0 0 0 0 0 0
Hong Kong 3,526 2,092 431 165 182 656 219 43
India 59,668 2,859 9,387 182 46,991 250 0 61
Japan 161,621 40,369 116,915 0 4,337 0 1,405 3,793
Korea, Rep. of 176,886 2,331 23,015 10,735 137,277 3,528 0 617
New Zealand 0 0 0 0 0 0 0 0
Philippines 56 0 54 1 1 0 0 0
Taiwan 44,100 2,754 39,490 1,246 0 610 135 530
Africa 11,844 1,728 364 849 7,196 1,708 30 589
South Africa 11,844 1,728 364 849 7,196 1,708 30 589
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:Q3
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 247,831 73,687 140,322 21,293 3,274,301 537
Americas 224,627 44,014 91,224 20,663 3,220,091 537
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 3,700 4,712 1,591 233 9,449 430
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 374 378 10,550 17,310 1,335 107
United States 220,552 38,924 79,082 3,120 3,209,307 0
Europe 16,722 26,724 2 0 22 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 18 0 0 0 0
Denmark 207 724 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 1,355 7,052 0 0 0 0
Liechtenstein 2 228 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 583 731 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 57 144 0 0 0 0
Romania 1 0 2 0 22 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 2,623 4,658 0 0 0 0
Sweden 974 2,277 0 0 0 0
Switzerland 1,380 1,967 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 9,541 8,925 0 0 0 0
Asia and Pacific 4,992 2,713 48,758 604 46,992 0
Australia 0 0 0 0 0 0
Hong Kong 58 2,034 0 431 0 0
India 2,859 0 9,387 0 46,991 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 0 0 54 0 1 0
Taiwan 2,075 679 39,316 174 0 0
Africa 1,491 237 339 25 7,196 0
South Africa 1,491 237 339 25 7,196 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:Q3
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 305,220 87,276 89,299 37,054 59,250 32,344 3,617 28,336
Americas 118,721 27,520 39,440 8,496 40,808 2,457 3,984 17,470
Argentina 0 0 0 0 0 0 0 0
Brazil 2,980 -367 5,545 -1,433 -751 -14 0 0
Canada 6,374 -1,226 2,391 3,121 -383 2,472 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 3,314 -128 3,422 -4 24 0 0 10
United States 106,054 29,241 28,082 6,812 41,919 0 3,984 17,460
Europe 173,002 47,869 53,824 25,344 18,866 27,103 -38 2,790
Austria 3,333 320 2,117 271 555 72 0 195
Belgium 0 0 0 0 0 0 0 0
Czech Republic 226 22 61 62 81 0 1 25
Denmark 3,275 1,621 1,657 -2 0 0 -11 0
Finland 1,137 592 516 226 -217 22 0 0
France 50,626 14,151 15,127 5,978 15,371 0 0 0
Germany 5,808 914 2,744 1,013 1,175 -37 -614 626
Greece -856 -144 3,457 145 -4,315 0 0 259
Hungary 997 46 660 30 251 10 6 97
Ireland 0 0 0 0 0 0 0 0
Italy 1,204 -966 360 4,813 -3,003 0 -206 0
Liechtenstein 593 97 397 69 30 0 23 -27
Luxembourg6 92,593 26,796 22,310 9,108 7,273 27,106 0 0
Netherlands -6,146 -3,056 -2,662 -44 143 -527 0 0
Norway 1,334 1,090 -89 89 244 0 33 0
Poland 0 0 0 0 0 0 0 0
Portugal 537 22 246 112 24 132 17 243
Romania 5 4 0 2 -1 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 197 17 140 16 23 0 0 73
Spain 7,450 2,709 2,148 2,220 372 0 0 0
Sweden 1,356 338 389 161 143 325 -470 183
Switzerland 1,833 13 1,382 -159 597 0 236 62
Turkey 0 0 0 0 0 0 0 0
United Kingdom 7,501 3,283 2,865 1,235 120 0 946 1,055
Asia and Pacific 11,000 11,637 -3,982 2,129 -390 1,606 -318 7,667
Australia 0 0 0 0 0 0 0 0
Hong Kong 247 569 38 11 -9 -362 28 -4
India 5,525 1,690 680 75 2,970 109 0 -38
Japan 13,957 5,660 9,812 0 -1,515 0 -420 7,254
Korea, Rep. of -3,752 3,988 -10,314 2,556 -1,872 1,890 0 163
New Zealand -38 -33 16 -55 35 -2 0 0
Philippines -1 1 -2 1 0 0 0 0
Taiwan -4,937 -238 -4,212 -457 0 -30 75 292
Africa 2,497 250 18 1,085 -33 1,178 -12 408
South Africa 2,497 250 18 1,085 -33 1,178 -12 408
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:Q3
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 8,077 28,606 31,012 4,966 43,723 56
Americas 5,916 21,604 34,933 4,508 40,752 56
Argentina 0 0 0 0 0 0
Brazil -367 0 5,310 235 -751 0
Canada -610 -617 2,254 137 -444 61
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico -34 -94 1,612 1,810 29 -5
United States 6,926 22,315 25,758 2,325 41,919 0
Europe 528 6,396 0 0 -1 0
Austria 112 206 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 22 0 0 0 0
Denmark -7 1,627 0 0 0 0
Finland 79 512 0 0 0 0
France 0 0 0 0 0 0
Germany 104 810 0 0 0 0
Greece -155 11 0 0 0 0
Hungary 20 27 0 0 0 0
Ireland 0 0 0 0 0 0
Italy -343 -622 0 0 0 0
Liechtenstein -1 98 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands -162 -2,894 0 0 0 0
Norway -38 1,127 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -29 51 0 0 0 0
Romania 4 0 0 0 -1 0
Russia 0 0 0 0 0 0
Slovakia 0 17 0 0 0 0
Spain 293 2,418 0 0 0 0
Sweden -255 593 0 0 0 0
Switzerland -53 67 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 959 2,324 0 0 0 0
Asia and Pacific 1,322 668 -3,948 468 3,006 0
Australia 0 0 0 0 0 0
Hong Kong 18 551 0 38 0 0
India 1,690 0 680 0 2,970 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand -6 -27 13 3 35 0
Philippines 1 0 -2 0 0 0
Taiwan -381 144 -4,640 428 0 0
Africa 312 -62 28 -10 -33 0
South Africa 312 -62 28 -10 -33 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:Q3
Millions of euros, end of quarter2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 14,353,282 6,379,226 2,867,063 1,274,865 2,622,823 203,287 259,364 482,956
Americas 7,833,275 4,155,555 1,388,352 596,488 1,636,891 56,276 187,000 365,798
Argentina 2,937 1,125 523 115 1,174 0 0 0
Brazil 251,910 16,899 178,012 44,910 8,157 3,932 54 147,491
Canada 395,739 178,468 47,346 84,401 33,629 51,894 0 0
Chile 13,148 1,578 5,482 1,055 4,582 450 0 0
Costa Rica 767 1 319 287 447 0 0 0
Mexico 36,093 5,069 30,336 53 635 0 0 156
United States 7,132,681 3,952,416 1,126,334 465,666 1,588,266 0 186,946 218,151
Europe 4,917,172 1,688,671 1,210,014 612,262 854,654 120,158 48,919 71,264
Austria 89,461 15,540 53,753 7,570 12,193 406 0 14,809
Belgium 95,965 59,102 11,788 22,933 2,121 21 5,160 11,212
Czech Republic 4,359 245 913 704 2,427 70 46 131
Denmark 59,054 21,632 36,914 507 0 0 1,048 0
Finland 37,787 13,783 8,230 3,289 11,936 549 0 0
France 1,167,600 313,000 214,800 244,100 395,700 0 0 0
Germany 248,244 113,126 79,560 18,209 35,520 1,829 8,251 9,759
Greece 28,806 5,603 13,495 2,284 7,424 0 0 295
Hungary 5,690 482 2,763 81 2,348 16 16 269
Ireland 431,418 0 0 0 0 0 0 0
Italy 384,914 77,114 152,638 81,711 73,451 0 3,763 0
Liechtenstein 11,201 4,978 3,500 646 2,076 0 580 891
Luxembourg6 1,299,574 480,185 419,920 92,685 202,471 104,313 0 0
Netherlands 75,824 36,814 16,779 11,098 1,154 9,981 0 0
Norway7 28,751 17,040 3,543 1,160 7,007 0 810 0
Poland 12,880 1,404 4,540 5,023 1,914 0 3 36
Portugal 24,092 2,041 10,866 1,427 8,749 1,010 139 1,419
Romania 79 13 11 22 33 0 0 0
Russia 1,683 1,043 246 386 8 0 0 1
Slovakia 2,453 75 941 173 1,264 0 0 57
Spain 262,535 88,931 75,558 43,531 54,516 0 0 0
Sweden 96,961 66,877 5,943 16,346 5,833 1,962 7,051 1,865
Switzerland 87,859 35,815 20,766 20,627 10,650 0 8,200 1,743
Turkey 17,267 511 2,717 2,056 11,983 0 10 0
United Kingdom 442,716 333,315 69,830 35,695 3,875 0 13,842 28,777
Asia and Pacific 1,551,882 518,671 265,417 57,667 116,029 19,205 22,937 39,289
Australia8 574,893 0 0 0 0 0 0 0
Hong Kong 368,888 229,272 91,981 20,844 24,342 2,449 18,043 0
India 35,770 10,893 8,755 1,025 13,972 1,125 0 142
Japan 357,013 254,874 79,208 0 22,931 0 2,551 35,083
Korea, Rep. of 152,325 13,527 44,476 29,518 54,130 10,675 0 2,653
New Zealand 8,805 1,369 889 2,899 652 2,996 0 0
Philippines 1,140 24 1,061 46 1 8 0 0
Taiwan 53,047 8,711 39,048 3,337 0 1,952 2,343 1,410
Africa 50,954 16,330 3,280 8,447 15,249 7,648 508 6,605
South Africa 50,954 16,330 3,280 8,447 15,249 7,648 508 6,605
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 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:Q3
Millions of euros, end of quarter2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 3,890,834 1,753,333 1,982,543 #REF! 2,350,767 45,499
Americas 3,367,255 788,300 1,326,308 #REF! 1,634,716 2,175
Argentina 1,125 0 523 0 1,174 0
Brazil 16,899 0 177,193 819 8,157 0
Canada 93,892 84,575 42,713 4,634 32,307 1,322
Chile 1,307 271 3,970 1,512 3,752 831
Costa Rica 0 1 32 #REF! 447 0
Mexico 4,468 600 13,702 16,635 613 22
United States 3,249,564 702,853 1,088,176 38,159 1,588,266 0
Europe 477,286 731,200 560,272 213,045 631,572 19,457
Austria 1,169 14,371 29,003 24,750 9,007 3,186
Belgium 4,198 54,904 10,404 1,384 1,325 796
Czech Republic 0 245 57 855 164 2,263
Denmark 3,457 18,176 22,571 14,343 0 0
Finland 2,746 11,037 4,981 3,250 11,925 10
France 131,600 181,400 129,100 85,700 394,000 1,700
Germany 29,012 84,114 64,834 14,726 34,712 808
Greece 4,687 916 5,421 8,074 5,546 1,878
Hungary 101 381 2,747 16 2,348 0
Ireland 0 0 0 0 0 0
Italy 14,216 62,899 118,146 34,493 73,385 66
Liechtenstein 32 4,946 1,368 2,132 1,486 591
Luxembourg 0 0 0 0 0 0
Netherlands 6,753 30,060 0 0 0 0
Norway 6,266 10,775 2,709 834 7,007 0
Poland 1,278 125 3,335 1,205 1,914 0
Portugal 791 1,249 10,496 370 8,749 0
Romania 13 0 11 0 33 0
Russia 1,043 0 246 0 8 0
Slovakia 0 75 724 216 1,264 0
Spain 37,501 51,431 73,286 2,272 54,516 0
Sweden 18,203 48,674 5,091 852 5,833 0
Switzerland 18,508 17,307 8,332 12,434 2,492 8,158
Turkey 511 0 2,717 0 11,983 0
United Kingdom 195,201 138,114 64,692 5,138 3,875 0
Asia and Pacific 31,711 232,086 92,902 93,308 69,230 23,868
Australia 0 0 0 0 0 0
Hong Kong 1,166 228,106 0 91,981 475 23,868
India 10,893 0 8,755 0 13,972 0
Japan 0 0 0 0 0 0
Korea, Rep. of 13,150 377 43,852 624 54,130 0
New Zealand 481 888 760 129 652 0
Philippines 24 0 1,061 0 1 0
Taiwan 5,996 2,715 38,474 573 0 0
Africa 14,582 1,748 3,061 218 15,249 0
South Africa 14,582 1,748 3,061 218 15,249 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:Q3
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 3,997,060 431,977 388,174 73,303 3,056,810 46,794 22,568 35,789
Americas 3,070,194 243,075 119,503 30,046 2,674,143 3,427 18,173 22,204
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 25,348 5,890 3,455 4,791 7,783 3,427 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 27,362 512 25,644 5 1,202 0 0 25
United States 3,017,483 236,673 90,404 25,250 2,665,158 0 18,173 22,179
Europe 540,576 136,395 116,466 29,775 222,388 35,550 3,199 2,347
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 401 33 77 67 224 0 1 23
Denmark 3,845 2,091 1,744 9 0 0 84 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 37,502 6,100 14,882 7,847 8,672 0 263 0
Liechtenstein 1,205 267 496 86 355 0 31 35
Luxembourg6 408,579 94,035 74,076 15,424 189,967 35,077 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 3,861 1,970 493 174 1,224 0 169 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,493 183 1,399 147 2,629 135 21 276
Romania 25 4 1 2 17 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 37,130 8,188 15,532 3,016 10,394 0 0 0
Sweden 5,092 2,942 566 412 835 338 217 234
Switzerland 12,855 2,755 2,122 713 7,265 0 1,030 111
Turkey 0 0 0 0 0 0 0 0
United Kingdom 25,588 17,827 5,078 1,877 805 0 1,383 1,668
Asia and Pacific 374,535 50,885 151,892 11,897 154,408 5,452 1,181 10,420
Australia 0 0 0 0 0 0 0 0
Hong Kong 3,092 2,181 384 145 141 241 203 32
India 53,441 3,729 8,253 210 40,956 294 0 19
Japan 143,928 37,732 103,883 0 2,314 0 807 9,056
Korea, Rep. of 141,925 5,180 10,411 10,895 110,997 4,441 0 640
New Zealand 0 0 0 0 0 0 0 0
Philippines 45 1 43 1 0 0 0 0
Taiwan 32,103 2,063 28,919 646 0 475 172 674
Africa 11,755 1,621 313 1,585 5,871 2,365 15 818
South Africa 11,755 1,621 313 1,585 5,871 2,365 15 818
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:Q3
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 210,083 84,949 136,085 21,330 2,720,501 486
Americas 189,286 53,790 99,062 20,441 2,673,657 486
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 2,534 3,357 3,152 303 7,381 402
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 279 233 9,970 15,674 1,118 84
United States 186,473 50,200 85,941 4,463 2,665,158 0
Europe 14,140 28,222 1 0 17 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 33 0 0 0 0
Denmark 164 1,927 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 829 5,271 0 0 0 0
Liechtenstein 0 267 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 447 1,523 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 23 160 0 0 0 0
Romania 4 0 1 0 17 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 2,389 5,800 0 0 0 0
Sweden 589 2,352 0 0 0 0
Switzerland 1,087 1,667 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 8,607 9,220 0 0 0 0
Asia and Pacific 5,180 2,794 36,721 877 40,956 0
Australia 0 0 0 0 0 0
Hong Kong 62 2,119 0 384 0 0
India 3,729 0 8,253 0 40,956 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 43 0 0 0
Taiwan 1,388 674 28,426 493 0 0
Africa 1,478 143 301 12 5,871 0
South Africa 1,478 143 301 12 5,871 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:Q3
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 3,794,435 370,632 337,646 47,967 3,018,299 19,890 19,105 13,586
Americas 2,975,317 220,216 91,718 21,907 2,640,075 1,402 14,907 7,881
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 20,123 6,896 1,495 2,232 8,098 1,402 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 24,646 617 22,839 9 1,182 0 0 17
United States 2,930,548 212,703 67,384 19,666 2,630,795 0 14,907 7,865
Europe 443,924 107,681 90,460 15,259 217,568 12,954 2,732 1,086
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 216 15 28 15 158 0 1 3
Denmark 1,160 763 386 11 0 0 93 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 36,515 6,892 14,587 3,902 11,134 0 432 0
Liechtenstein 718 188 171 29 332 0 12 58
Luxembourg6 332,677 72,069 55,788 7,958 184,005 12,857 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 2,767 1,077 566 101 1,023 0 141 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,052 164 1,197 55 2,609 26 7 78
Romania 21 1 1 1 18 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 31,024 5,968 13,771 1,196 10,088 0 0 0
Sweden 3,981 2,664 247 280 718 71 602 84
Switzerland 11,353 2,744 989 844 6,776 0 836 61
Turkey 0 0 0 0 0 0 0 0
United Kingdom 19,440 15,136 2,729 866 707 0 607 803
Asia and Pacific 365,486 41,319 155,170 10,106 154,757 4,134 1,442 4,135
Australia 0 0 0 0 0 0 0 0
Hong Kong 2,890 1,715 353 136 149 537 180 35
India 48,912 2,343 7,695 149 38,521 205 0 50
Japan 132,487 33,092 95,839 0 3,555 0 1,151 3,110
Korea, Rep. of 145,000 1,911 18,866 8,800 112,532 2,892 0 506
New Zealand 0 0 0 0 0 0 0 0
Philippines 46 0 45 1 0 0 0 0
Taiwan 36,150 2,258 32,371 1,021 0 500 110 434
Africa 9,709 1,416 298 696 5,899 1,400 25 483
South Africa 9,709 1,416 298 696 5,899 1,400 25 483
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:Q3
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 203,157 60,404 115,028 17,455 2,684,073 441
Americas 184,135 36,080 74,780 16,939 2,639,636 441
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 3,033 3,862 1,305 191 7,746 353
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 307 310 8,649 14,190 1,094 88
United States 180,795 31,908 64,827 2,558 2,630,795 0
Europe 13,708 21,906 1 0 18 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 15 0 0 0 0
Denmark 169 593 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 1,111 5,781 0 0 0 0
Liechtenstein 1 187 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 478 599 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 47 118 0 0 0 0
Romania 1 0 1 0 18 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 2,150 3,818 0 0 0 0
Sweden 798 1,866 0 0 0 0
Switzerland 1,131 1,613 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 7,821 7,316 0 0 0 0
Asia and Pacific 4,092 2,224 39,969 496 38,521 0
Australia 0 0 0 0 0 0
Hong Kong 47 1,668 0 353 0 0
India 2,343 0 7,695 0 38,521 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 0 0 45 0 0 0
Taiwan 1,701 556 32,229 142 0 0
Africa 1,222 194 278 21 5,899 0
South Africa 1,222 194 278 21 5,899 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:Q3
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 250,201 71,543 73,202 30,374 48,570 26,514 2,965 23,228
Americas 97,321 22,560 32,330 6,964 33,452 2,014 3,266 14,321
Argentina 0 0 0 0 0 0 0 0
Brazil 2,443 -301 4,545 -1,175 -616 -12 0 0
Canada 5,225 -1,005 1,960 2,559 -314 2,026 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 2,716 -105 2,805 -4 19 0 0 8
United States 86,937 23,970 23,020 5,584 34,363 0 3,266 14,313
Europe 141,816 39,240 44,121 20,775 15,465 22,217 -31 2,287
Austria 2,732 262 1,735 222 455 59 0 160
Belgium 0 0 0 0 0 0 0 0
Czech Republic 185 18 50 51 66 0 1 21
Denmark 2,685 1,328 1,358 -2 0 0 -9 0
Finland 932 485 423 185 -178 18 0 0
France 41,500 11,600 12,400 4,900 12,600 0 0 0
Germany 4,761 749 2,249 830 963 -30 -503 513
Greece -702 -118 2,834 119 -3,537 0 0 212
Hungary 817 38 541 25 206 8 5 79
Ireland 0 0 0 0 0 0 0 0
Italy 987 -792 295 3,945 -2,462 0 -169 0
Liechtenstein 486 79 326 57 24 0 19 -22
Luxembourg6 75,902 21,966 18,288 7,466 5,962 22,220 0 0
Netherlands -5,038 -2,505 -2,182 -36 117 -432 0 0
Norway 1,093 893 -73 73 200 0 27 0
Poland 0 0 0 0 0 0 0 0
Portugal 440 18 202 92 20 108 14 199
Romania 4 3 0 1 -1 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 162 14 115 13 19 0 0 60
Spain 6,107 2,221 1,761 1,820 305 0 0 0
Sweden 1,112 277 319 132 117 266 -385 150
Switzerland 1,503 11 1,133 -131 489 0 194 51
Turkey 0 0 0 0 0 0 0 0
United Kingdom 6,149 2,691 2,349 1,013 98 0 776 865
Asia and Pacific 9,017 9,539 -3,264 1,746 -320 1,316 -260 6,285
Australia 0 0 0 0 0 0 0 0
Hong Kong 202 467 31 9 -8 -297 23 -4
India 4,529 1,385 558 61 2,435 90 0 -31
Japan 11,441 4,639 8,043 0 -1,242 0 -345 5,946
Korea, Rep. of -3,076 3,269 -8,455 2,095 -1,534 1,550 0 134
New Zealand -31 -27 13 -45 29 -2 0 0
Philippines -1 1 -2 1 0 0 0 0
Taiwan -4,047 -195 -3,453 -375 0 -25 61 239
Africa 2,047 205 14 889 -27 966 -10 335
South Africa 2,047 205 14 889 -27 966 -10 335
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:Q3
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 6,621 23,449 25,422 4,071 35,842 46
Americas 4,849 17,710 28,636 3,695 33,406 46
Argentina 0 0 0 0 0 0
Brazil -301 0 4,353 193 -616 0
Canada -500 -506 1,847 113 -364 50
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico -28 -77 1,321 1,484 23 -4
United States 5,678 18,292 21,115 1,906 34,363 0
Europe 433 5,243 0 0 -1 0
Austria 92 169 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 18 0 0 0 0
Denmark -5 1,334 0 0 0 0
Finland 65 420 0 0 0 0
France 0 0 0 0 0 0
Germany 85 664 0 0 0 0
Greece -127 9 0 0 0 0
Hungary 16 22 0 0 0 0
Ireland 0 0 0 0 0 0
Italy -281 -510 0 0 0 0
Liechtenstein -1 80 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands -133 -2,372 0 0 0 0
Norway -31 924 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -24 42 0 0 0 0
Romania 3 0 0 0 -1 0
Russia 0 0 0 0 0 0
Slovakia 0 14 0 0 0 0
Spain 240 1,982 0 0 0 0
Sweden -209 486 0 0 0 0
Switzerland -44 55 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 786 1,905 0 0 0 0
Asia and Pacific 1,083 547 -3,237 384 2,464 0
Australia 0 0 0 0 0 0
Hong Kong 15 452 0 31 0 0
India 1,385 0 558 0 2,435 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand -5 -22 11 2 29 0
Philippines 1 0 -2 0 0 0
Taiwan -313 118 -3,803 351 0 0
Africa 256 -51 23 -8 -27 0
South Africa 256 -51 23 -8 -27 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:Q3
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 10,287 3,941 1,831 403 4,112 0 0 0
Brazil 675,711 45,328 477,491 120,465 21,881 10,546 146 395,624
Canada 554,226 249,941 66,308 118,203 47,097 72,677 0 0
Chile 8,387,165 1,006,384 3,497,067 673,183 2,923,214 287,317 0 0
Costa Rica 450,389 742 187,284 168,556 262,364 0 0 0
Mexico 467,625 65,671 393,037 689 8,228 0 0 2,018
United States 8,589,175 4,759,499 1,356,331 560,755 1,912,590 0 225,120 262,697
Europe
Austria 89,461 15,540 53,753 7,570 12,193 406 0 14,809
Belgium 95,965 59,102 11,788 22,933 2,121 21 5,160 11,212
Czech Republic 128,827 7,255 26,977 20,801 71,719 2,075 1,368 3,870
Denmark 440,682 161,430 275,468 3,784 0 0 7,821 0
Finland 37,787 13,783 8,230 3,289 11,936 549 0 0
France 1,167,600 313,000 214,800 244,100 395,700 0 0 0
Germany 248,244 113,126 79,560 18,209 35,520 1,829 8,251 9,759
Greece 28,806 5,603 13,495 2,284 7,424 0 0 295
Hungary 1,420,215 120,309 689,553 20,171 586,106 4,076 4,067 67,243
Ireland 431,418 0 0 0 0 0 0 0
Italy 384,914 77,114 152,638 81,711 73,451 0 3,763 0
Liechtenstein 17,430 7,747 5,447 1,005 3,231 0 902 1,386
Luxembourg5 1,299,574 480,185 419,920 92,685 202,471 104,313 0 0
Netherlands 75,824 36,814 16,779 11,098 1,154 9,981 0 0
Norway6 226,469 134,225 27,912 9,134 55,198 0 6,382 0
Poland 50,471 5,500 17,789 19,681 7,501 0 12 140
Portugal 24,092 2,041 10,866 1,427 8,749 1,010 139 1,419
Romania 282 48 40 77 117 0 0 0
Russia 57,755 35,806 8,445 13,232 272 0 0 51
Slovakia 95,142 2,904 36,499 6,727 49,013 0 0 2,207
Spain 262,535 88,931 75,558 43,531 54,516 0 0 0
Sweden 904,328 623,740 55,431 152,457 54,400 18,301 65,760 17,395
Switzerland 136,717 55,732 32,314 32,098 16,573 0 12,760 2,712
Turkey 28,024 829 4,409 3,337 19,449 0 17 0
United Kingdom 301,932 227,321 47,624 24,344 2,643 0 9,440 19,626
Asia and Pacific
Australia7 908,487 0 0 0 0 0 0 0
Hong Kong 3,446,001 2,141,764 859,246 194,712 227,397 22,882 168,553 0
India 1,895,890 577,360 464,020 54,320 740,580 59,610 0 7,550
Japan 48,799,665 34,838,402 10,826,803 0 3,134,460 0 348,646 4,795,397
Korea, Rep. of 191,207,329 16,980,225 55,828,846 37,052,248 67,946,582 13,399,428 0 3,330,668
New Zealand 15,335 2,385 1,548 5,049 1,135 5,218 0 0
Philippines 76,932 1,637 71,613 3,075 100 507 0 0
Taiwan 2,119,912 348,107 1,560,446 133,337 0 78,022 93,616 56,364
Africa
South Africa 390,856 125,264 25,158 64,796 116,970 58,667 3,898 50,668
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 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:Q3
Millions of units of local currency, end of quarter
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
Americas
Argentina 3,941 0 1,831 0 4,112 0
Brazil 45,328 0 475,295 2,196 21,881 0
Canada 131,494 118,446 59,819 6,490 45,246 1,851
Chile 833,657 172,727 2,532,276 964,791 2,393,335 529,879
Costa Rica 0 742 18,730 #REF! 262,364 0
Mexico 57,891 7,779 177,518 215,518 7,940 288
United States 3,913,125 846,375 1,310,381 45,951 1,912,590 0
Europe
Austria 1,169 14,371 29,003 24,750 9,007 3,186
Belgium 4,198 54,904 10,404 1,384 1,325 796
Czech Republic 0 7,255 1,695 25,282 4,835 66,884
Denmark 25,797 135,633 168,436 107,032 0 0
Finland 2,746 11,037 4,981 3,250 11,925 10
France 131,600 181,400 129,100 85,700 394,000 1,700
Germany 29,012 84,114 64,834 14,726 34,712 808
Greece 4,687 916 5,421 8,074 5,546 1,878
Hungary 25,093 95,216 685,599 3,955 586,106 0
Ireland 0 0 0 0 0 0
Italy 14,216 62,899 118,146 34,493 73,385 66
Liechtenstein 50 7,697 2,129 3,318 2,312 920
Luxembourg 0 0 0 0 0 0
Netherlands 6,753 30,060 0 0 0 0
Norway 49,354 84,871 21,341 6,572 55,198 0
Poland 5,009 491 13,068 4,721 7,501 0
Portugal 791 1,249 10,496 370 8,749 0
Romania 48 0 40 0 117 0
Russia 35,806 0 8,445 0 272 0
Slovakia 0 2,904 28,102 8,397 49,013 0
Spain 37,501 51,431 73,286 2,272 54,516 0
Sweden 169,771 453,969 47,480 7,951 54,400 0
Switzerland 28,801 26,931 12,966 19,348 3,878 12,695
Turkey 829 0 4,409 0 19,449 0
United Kingdom 133,127 94,194 44,120 3,504 2,643 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 10,896 2,130,868 0 859,246 4,435 222,962
India 577,360 0 464,020 0 740,580 0
Japan 0 0 0 0 0 0
Korea, Rep. of 16,507,025 473,200 55,045,346 783,500 67,946,582 0
New Zealand 838 1,547 1,323 225 1,135 0
Philippines 1,637 0 71,613 0 100 0
Taiwan 239,605 108,501 1,537,533 22,914 0 0
Africa
South Africa 111,858 13,406 23,483 1,675 116,970 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:Q3
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 37,171 8,638 5,067 7,025 11,414 5,026 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 357,768 6,696 335,295 64 15,713 0 0 327
United States 3,681,028 288,717 110,284 30,803 3,251,226 0 22,169 27,056
Europe
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 11,915 978 2,300 1,977 6,660 0 44 687
Denmark 28,678 15,599 13,010 69 0 0 628 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 37,502 6,100 14,882 7,847 8,672 0 263 0
Liechtenstein 1,871 415 771 133 552 0 48 55
Luxembourg5 408,579 94,035 74,076 15,424 189,967 35,077 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 30,430 15,527 3,884 1,375 9,644 0 1,329 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,493 183 1,399 147 2,629 135 21 276
Romania 87 15 4 8 60 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 37,130 8,188 15,532 3,016 10,394 0 0 0
Sweden 47,694 27,552 5,298 3,859 7,824 3,161 2,028 2,188
Switzerland 19,968 4,279 3,296 1,108 11,285 0 1,600 172
Turkey 0 0 0 0 0 0 0 0
United Kingdom 17,487 12,183 3,470 1,283 550 0 945 1,140
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 29,309 20,674 3,642 1,371 1,340 2,282 1,923 299
India 2,848,150 198,720 439,820 11,190 2,182,730 15,690 0 1,020
Japan 19,529,564 5,119,806 14,095,819 0 313,939 0 109,486 1,228,775
Korea, Rep. of 178,132,485 6,501,304 13,067,256 13,674,134 139,315,248 5,574,543 0 803,127
New Zealand 0 0 0 0 0 0 0 0
Philippines 3,104 51 2,922 101 27 3 0 0
Taiwan 1,265,070 81,280 1,139,587 25,470 0 18,733 6,760 26,550
Africa
South Africa 93,240 12,859 2,480 12,570 46,569 18,762 1,136 6,487
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:Q3
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 3,716 4,923 4,622 445 10,824 590
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 3,647 3,049 130,354 204,940 14,617 1,096
United States 227,478 61,239 104,839 5,445 3,251,226 0
Europe
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 978 0 0 0 0
Denmark 1,224 14,375 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 829 5,271 0 0 0 0
Liechtenstein 0 415 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 3,521 12,006 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 23 160 0 0 0 0
Romania 15 0 4 0 60 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 2,389 5,800 0 0 0 0
Sweden 5,519 22,033 0 0 0 0
Switzerland 1,689 2,590 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 5,882 6,301 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 587 20,087 0 3,642 0 0
India 198,720 0 439,820 0 2,182,730 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 51 0 2,922 0 27 0
Taiwan 54,714 26,566 1,120,160 19,427 0 0
Africa
South Africa 11,723 1,136 2,384 96 46,569 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:Q3
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 29,509 10,113 2,193 3,273 11,875 2,056 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 322,254 8,065 298,617 112 15,460 0 0 217
United States 3,574,975 259,476 82,202 23,991 3,209,307 0 18,185 9,594
Europe
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 6,416 443 827 457 4,688 0 15 76
Denmark 8,652 5,690 2,878 84 0 0 693 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 36,515 6,892 14,587 3,902 11,134 0 432 0
Liechtenstein 1,116 292 265 45 515 0 19 90
Luxembourg5 332,677 72,069 55,788 7,958 184,005 12,857 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 21,812 8,486 4,461 799 8,066 0 1,115 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,052 164 1,197 55 2,609 26 7 78
Romania 73 3 5 2 63 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0 0 0
Spain 31,024 5,968 13,771 1,196 10,088 0 0 0
Sweden 37,282 24,955 2,313 2,620 6,726 668 5,637 785
Switzerland 17,634 4,262 1,536 1,311 10,525 0 1,299 94
Turkey 0 0 0 0 0 0 0 0
United Kingdom 13,285 10,344 1,865 592 483 0 415 549
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 27,391 16,252 3,348 1,285 1,412 5,094 1,705 333
India 2,606,790 124,890 410,100 7,930 2,052,960 10,910 0 2,670
Japan 17,977,142 4,490,290 13,004,431 0 482,421 0 156,235 421,950
Korea, Rep. of 181,992,921 2,398,506 23,679,120 11,044,846 141,240,966 3,629,483 0 635,245
New Zealand 0 0 0 0 0 0 0 0
Philippines 3,142 8 3,047 51 33 3 0 0
Taiwan 1,424,553 88,963 1,275,642 40,246 0 19,703 4,352 17,116
Africa
South Africa 77,006 11,234 2,367 5,517 46,786 11,104 197 3,831
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:Q3
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 4,448 5,664 1,913 280 11,359 517
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico 4,013 4,052 113,081 185,536 14,310 1,150
United States 220,552 38,924 79,082 3,120 3,209,307 0
Europe
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 443 0 0 0 0
Denmark 1,264 4,426 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 1,111 5,781 0 0 0 0
Liechtenstein 2 290 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 3,764 4,722 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 47 118 0 0 0 0
Romania 3 0 5 0 63 0
Russia 0 0 0 0 0 0
Slovakia 0 0 0 0 0 0
Spain 2,150 3,818 0 0 0 0
Sweden 7,477 17,478 0 0 0 0
Switzerland 1,757 2,505 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 5,345 5,000 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 448 15,804 0 3,348 0 0
India 124,890 0 410,100 0 2,052,960 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 3,047 0 33 0
Taiwan 67,036 21,927 1,270,036 5,606 0 0
Africa
South Africa 9,693 1,541 2,204 163 46,786 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:Q3
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 6,982 -859 12,991 -3,357 -1,760 -33 1 0
Canada 7,662 -1,474 2,874 3,752 -461 2,971 0 0
Chile 0 0 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 35,515 -1,369 36,678 -47 253 0 0 110
United States 106,054 29,241 28,082 6,812 41,919 0 3,984 17,460
Europe
Austria 2,732 262 1,735 222 455 59 0 160
Belgium 0 0 0 0 0 0 0 0
Czech Republic 5,498 535 1,473 1,519 1,971 0 29 611
Denmark 20,026 9,909 10,132 -15 0 0 -65 0
Finland 932 485 423 185 -178 18 0 0
France 41,500 11,600 12,400 4,900 12,600 0 0 0
Germany 4,761 749 2,249 830 963 -30 -503 513
Greece -702 -118 2,834 119 -3,537 0 0 212
Hungary 200,617 9,299 132,793 6,030 50,487 2,009 1,264 19,496
Ireland 0 0 0 0 0 0 0 0
Italy 987 -792 295 3,945 -2,462 0 -169 0
Liechtenstein 755 123 506 88 38 0 29 -34
Luxembourg5 75,902 21,966 18,288 7,466 5,962 22,220 0 0
Netherlands -5,038 -2,505 -2,182 -36 117 -432 0 0
Norway 8,618 7,041 -577 575 1,579 0 214 0
Poland 0 0 0 0 0 0 0 0
Portugal 440 18 202 92 20 108 14 199
Romania 14 12 -1 5 -3 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 6,259 553 4,451 511 744 0 0 2,312
Spain 6,107 2,221 1,761 1,820 305 0 0 0
Sweden 10,413 2,597 2,985 1,239 1,099 2,493 -3,609 1,403
Switzerland 2,334 17 1,760 -203 760 0 301 79
Turkey 0 0 0 0 0 0 0 0
United Kingdom 4,202 1,839 1,605 692 67 0 530 591
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 1,918 4,422 294 86 -72 -2,812 218 -34
India 241,360 73,830 29,720 3,260 129,770 4,780 0 -1,650
Japan 1,552,422 629,516 1,091,388 0 -168,482 0 -46,749 806,825
Korea, Rep. of -3,860,436 4,102,798 -10,611,864 2,629,288 -1,925,718 1,945,060 0 167,882
New Zealand -55 -47 23 -80 51 -3 0 0
Philippines -38 43 -125 50 -6 0 0 0
Taiwan -159,483 -7,683 -136,055 -14,776 0 -970 2,408 9,434
Africa
South Africa 16,233 1,625 114 7,053 -217 7,659 -76 2,656
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:Q3
Millions of units of local currency
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
Americas
Argentina 0 0 0 0 0 0
Brazil -859 0 12,441 551 -1,760 0
Canada -733 -742 2,709 165 -534 73
Chile 0 0 0 0 0 0
Costa Rica 0 0 0 0 0 0
Mexico -365 -1,003 17,273 19,404 307 -54
United States 6,926 22,315 25,758 2,325 41,919 0
Europe
Austria 92 169 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 0 535 0 0 0 0
Denmark -40 9,949 0 0 0 0
Finland 65 420 0 0 0 0
France 0 0 0 0 0 0
Germany 85 664 0 0 0 0
Greece -127 9 0 0 0 0
Hungary 3,930 5,370 0 0 0 0
Ireland 0 0 0 0 0 0
Italy -281 -510 0 0 0 0
Liechtenstein -1 125 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands -133 -2,372 0 0 0 0
Norway -243 7,284 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -24 42 0 0 0 0
Romania 12 0 -1 0 -3 0
Russia 0 0 0 0 0 0
Slovakia 0 553 0 0 0 0
Spain 240 1,982 0 0 0 0
Sweden -1,958 4,555 0 0 0 0
Switzerland -68 85 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 537 1,302 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 140 4,282 0 294 0 0
India 73,830 0 29,720 0 129,770 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand -8 -39 19 4 51 0
Philippines 43 0 -125 0 -6 0
Taiwan -12,322 4,639 -149,876 13,822 0 0
Africa
South Africa 2,030 -405 180 -66 -217 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:Q3
End of quarter
Balanced/ Money Other Sector Funds of
Total Equity2 Bond2 Mixed2 Market2 Funds2 Equity2,3 Funds2,4
World 56,095 23,050 13,225 11,181 3,569 3,017 1,357 4,018
Americas 13,765 6,302 4,051 1,939 1,222 251 501 2,427
Argentina 196 60 72 22 42 0 0 0
Brazil 2,683 402 1,189 921 49 122 13 1,980
Canada 1,765 1,076 195 283 108 103 0 0
Chile 659 139 200 208 86 26 0 0
Costa Rica 113 2 68 0 43 0 0 0
Mexico 416 98 309 3 6 0 0 8
United States 7,933 4,525 2,018 502 888 0 488 439
Europe 29,850 12,305 6,194 6,068 1,812 1,418 487 1,046
Austria 855 242 367 172 53 21 0 432
Belgium 1,387 1,172 105 93 16 1 120 75
Czech Republic 55 10 12 24 5 4 3 10
Denmark 447 269 151 27 0 0 35 0
Finland 317 181 53 42 32 9 0 0
France 7,822 2,898 1,287 2,994 643 0 0 0
Germany 1,066 493 308 186 46 33 55 188
Greece 251 107 65 44 35 0 0 7
Hungary 89 26 26 8 26 3 1 15
Ireland 2,053 0 0 0 0 0 0 0
Italy 1,082 448 304 290 40 0 61 0
Liechtenstein 193 101 46 40 6 0 11 35
Luxembourg5 7,113 2,637 1,951 852 486 1,187 0 0
Netherlands 515 236 81 53 10 135 0 0
Norway6 400 245 67 38 50 0 32 0
Poland 145 29 46 44 26 0 1 3
Portugal 168 59 49 24 25 11 9 34
Romania 22 7 6 7 2 0 0 0
Russia 252 91 53 105 3 0 0 3
Slovakia 45 7 16 13 9 0 0 7
Spain 2,646 1,322 712 454 158 0 0 0
Sweden 466 305 49 66 32 14 34 25
Switzerland 472 215 128 106 23 0 59 15
Turkey 264 124 43 50 47 0 4 0
United Kingdom 1,725 1,081 269 336 39 0 62 197
Asia and Pacific 11,883 4,245 2,939 2,930 509 1,260 357 329
Australia 0 0 0 0 0 0 0 0
Hong Kong 1,036 678 200 78 65 15 96 0
India 427 168 133 34 41 51 0 11
Japan 2,611 2,379 218 0 14 0 197 193
Korea, Rep. of 6,757 602 2,135 2,528 369 1,123 0 92
New Zealand 566 171 131 189 19 56 0 0
Philippines 30 5 16 7 1 1 0 0
Taiwan 456 242 106 94 0 14 64 33
Africa 597 198 41 244 26 88 12 216
South Africa 597 198 41 244 26 88 12 216
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:Q3
End of quarter
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 8,298 9,134 6,992 1,848 2,867 192
Americas 4,627 1,675 3,656 395 1,174 48
Argentina 60 0 72 0 42 0
Brazil 402 0 1,145 44 49 0
Canada 351 725 148 47 86 22
Chile 54 85 107 93 61 25
Costa Rica 0 2 61 7 43 0
Mexico 65 33 211 98 5 1
United States 3,695 830 1,912 106 888 0
Europe 3,092 6,576 2,967 1,195 1,230 86
Austria 12 230 158 209 24 29
Belgium 64 1,108 76 29 10 6
Czech Republic 0 10 1 11 3 2
Denmark 29 240 80 71 0 0
Finland 23 158 37 16 31 1
France 1,309 1,589 967 320 626 17
Germany 72 421 230 78 43 3
Greece 62 45 32 33 29 6
Hungary 12 14 24 2 26 0
Ireland 0 0 0 0 0 0
Italy 58 390 158 146 39 1
Liechtenstein 1 100 13 33 4 2
Luxembourg 0 0 0 0 0 0
Netherlands 48 188 0 0 0 0
Norway 81 164 58 9 50 0
Poland 21 8 29 17 26 0
Portugal 19 40 43 6 25 0
Romania 7 0 6 0 2 0
Russia 91 0 53 0 3 0
Slovakia 0 7 12 4 9 0
Spain 436 886 644 68 158 0
Sweden 98 207 42 7 32 0
Switzerland 69 146 48 80 4 19
Turkey 124 0 43 0 47 0
United Kingdom 456 625 213 56 39 0
Asia and Pacific 423 841 337 249 437 58
Australia 0 0 0 0 0 0
Hong Kong 18 660 0 200 7 58
India 168 0 133 0 41 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 369 0
New Zealand 52 119 99 32 19 0
Philippines 5 0 16 0 1 0
Taiwan 180 62 89 17 0 0
Africa 156 42 32 9 26 0
South Africa 156 42 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:Q3
Units of local currency per U.S. dollar
End of Quarter Quarterly Average1
Americas
Argentina 2.9088 2.8894
Brazil 2.2275 2.3429
Canada 1.1630 1.2021
Chile 529.7500 551.4595
Costa Rica 487.4500 482.8371
Mexico 10.7590 10.7182
United States 1.0000 1.0000
Europe
Austria2 0.8304 0.8197
Belgium2 0.8304 0.8197
Czech Republic 24.5416 24.3364
Denmark 6.1970 6.1143
Finland2 0.8304 0.8197
France2 0.8304 0.8197
Germany2 0.8304 0.8197
Greece2 0.8304 0.8197
Hungary 207.2828 201.3034
Ireland2 0.8304 0.8197
Italy2 0.8304 0.8197
Liechtenstein 1.2922 1.2733
Luxembourg2 0.8304 0.8197
Netherlands2 0.8304 0.8197
Norway 6.5413 6.4609
Poland 3.2540 3.2942
Portugal2 0.8304 0.8197
Romania 2.9593 2.8868
Russia 28.4977 28.5182
Slovakia 32.2123 31.7009
Spain2 0.8304 0.8197
Sweden 7.7451 7.6775
Switzerland 1.2922 1.2733
Turkey 1.3478 1.3421
United Kingdom 0.5664 0.5602
Asia and Pacific
Australia 1.3123 1.3158
Hong Kong 7.7575 7.7692
India 44.0150 43.6880
Japan 113.5100 111.2302
Korea, Rep. of 1,042.4000 1,028.8724
New Zealand 1.4463 1.4458
Philippines 56.0300 56.0264
Taiwan 33.1860 32.3031
Africa
South Africa 6.3700 6.5019
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.