INTERNATIONAL INVESTMENT FUNDS
ASSOCIATION
INTERNATIONAL DATA EXCHANGE
WORLDWIDE ASSETS, FLOWS, AND NUMBER OF INVESTMENT FUNDS
2006: Q4
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.
4/18/2007
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 2006:Q4
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 21,764,912 10,513,204 3,870,276 2,074,385 3,863,722 675,806 386,260 986,012
Americas 11,486,171 6,209,976 1,877,625 906,433 2,417,621 74,515 269,576 718,069
Argentina 6,153 2,961 1,244 166 1,781 0 0 0
Brazil 418,771 37,690 261,578 101,614 10,902 6,986 396 245,835
Canada 566,298 246,487 63,366 149,582 40,234 66,627 0 0
Chile 17,700 2,082 4,424 1,765 8,529 901 0 0
Costa Rica 1,018 1 264 0 754 0 0 3
Mexico 62,614 9,112 52,380 160 962 0 0 1,208
United States 10,413,617 5,911,643 1,494,369 653,146 2,354,459 0 269,180 471,024
Europe 7,744,204 2,929,704 1,647,859 1,055,384 1,107,962 235,776 66,668 129,691
Austria 128,236 25,383 72,527 15,592 13,648 1,087 0 23,069
Belgium 137,291 86,996 14,563 31,475 4,237 21 7,150 21,467
Czech Republic 6,842 557 1,186 1,283 3,387 429 0 655
Denmark 95,620 44,626 48,335 2,659 0 0 1,599 0
Finland 67,804 24,983 15,688 6,135 19,773 1,223 0 0
France 1,769,258 564,203 251,020 388,778 565,256 0 0 0
Germany 340,325 170,495 91,821 29,423 43,022 5,564 13,360 17,309
Greece 27,604 8,366 8,194 3,282 7,762 0 0 3,885
Hungary 7,141 1,156 1,428 154 4,102 301 122 1,250
Ireland 767,520 0 0 0 0 0 0 0
Italy 452,798 96,107 145,049 125,029 86,614 0 3,569 0
Liechtenstein 17,315 8,072 5,272 1,257 2,714 0 1,014 1,221
Luxembourg6 2,188,278 907,036 625,359 188,313 283,638 183,932 0 0
Netherlands 108,560 57,179 20,154 14,575 2,224 14,429 0 0
Norway7 54,065 32,677 6,827 2,338 11,853 371 1,382 0
Poland 28,957 7,389 2,730 16,429 2,306 102 0 222
Portugal 31,214 3,913 12,884 1,766 10,682 1,968 328 2,714
Romania 247 80 24 94 50 0 0 0
Russia 5,659 3,657 484 1,508 11 0 0 67
Slovakia 3,171 228 823 296 1,825 0 228 746
Spain 367,918 142,418 159,433 65,929 138 0 0 0
Sweden 176,900 125,226 8,630 27,206 10,784 5,052 11,231 4,561
Switzerland 159,515 61,975 38,752 44,873 13,915 0 7,357 2,446
Turkey 15,463 432 2,251 101 12,679 0 15 0
United Kingdom 786,501 556,553 114,423 86,889 7,341 21,296 19,315 50,079
Asia and Pacific 2,456,511 1,348,325 342,070 94,847 318,112 353,158 49,467 126,554
Australia 864,254 334,413 72,874 0 149,261 307,705 0 0
Hong Kong 631,055 449,278 112,073 32,771 27,670 9,263 43,378 0
India 58,219 24,055 8,260 1,728 22,087 2,088 0 518
Japan 578,883 467,438 88,827 0 22,618 0 3,051 111,964
Korea, Rep. of 251,930 54,142 55,078 52,874 62,886 26,950 0 9,298
New Zealand 12,892 2,485 1,252 4,115 739 4,302 0 0
Pakistan 2,164 1,418 127 102 464 53 0 2
Philippines 1,544 134 1,237 164 9 0 0 0
Taiwan 55,571 14,961 2,342 3,093 32,378 2,797 3,038 4,771
Africa 78,026 25,198 2,722 17,721 20,027 12,358 549 11,697
South Africa 78,026 25,198 2,722 17,721 20,027 12,358 549 11,697
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.
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 2006:Q4
Millions of U.S. dollars, end of quarter2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 5,626,708 3,177,606 2,597,224 465,839 3,310,583 59,413
Americas 4,756,394 1,453,582 1,781,466 96,161 2,412,360 3,480
Argentina 2,961 0 1,244 0 0 0
Brazil 37,690 0 260,501 1,077 10,902 0
Canada 109,354 137,133 58,434 4,933 38,238 1,996
Chile 1,284 797 3,135 1,289 7,044 1,484
Costa Rica 0 1 237 26 754 0
Mexico 7,603 1,510 22,966 29,414 962 0
United States 4,597,501 1,314,142 1,434,949 59,421 2,354,459 0
Europe 770,336 1,252,329 746,881 255,465 791,516 28,759
Austria 1,868 23,515 42,219 30,308 9,430 4,218
Belgium 5,414 81,582 12,918 1,645 2,900 1,337
Czech Republic 36 521 146 1,041 213 3,174
Denmark 5,410 39,216 27,096 21,239 0 0
Finland 4,291 20,693 10,182 5,506 19,755 18
France 213,486 350,717 166,996 84,025 562,491 2,766
Germany 43,141 127,354 62,218 29,604 42,983 40
Greece 6,789 1,575 3,145 5,049 1,854 5,908
Hungary 327 829 1,407 22 4,093 8
Ireland 0 0 0 0 0 0
Italy 16,714 79,393 108,959 36,090 86,584 30
Liechtenstein 55 8,017 2,015 3,256 1,957 756
Luxembourg 0 0 0 0 0 0
Netherlands 10,465 46,714 0 0 0 0
Norway 10,328 22,349 4,259 2,567 11,699 153
Poland 6,731 659 1,952 777 2,306 0
Portugal 1,346 2,567 12,693 191 10,682 0
Romania 80 0 24 0 50 0
Russia 3,657 0 484 0 11 0
Slovakia 0 228 616 207 0 0
Spain 55,576 86,840 157,262 2,172 138 0
Sweden 34,348 90,879 7,621 1,009 10,714 70
Switzerland 27,457 34,518 16,492 22,260 3,635 10,280
Turkey 432 0 2,251 0 12,679 0
United Kingdom 322,387 234,165 105,927 8,496 7,341 0
Asia and Pacific 77,385 469,089 66,277 114,091 86,681 27,173
Australia 0 0 0 0 0 0
Hong Kong 1,531 447,747 0 112,073 497 27,173
India 24,055 0 8,260 0 22,087 0
Japan 0 0 0 0 0 0
Korea, Rep. of 41,742 12,401 53,995 1,083 62,886 0
New Zealand 657 1,828 907 344 739 0
Pakistan 1,418 0 127 0 464 0
Philippines 134 0 1,237 0 9 0
Taiwan 7,848 7,113 1,751 591 0 0
Africa 22,593 2,606 2,599 122 20,027 0
South Africa 22,593 2,606 2,599 122 20,027 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 2006:Q4
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 7,472,261 826,522 557,275 202,891 5,815,519 70,057 31,893 89,598
Americas 5,124,765 431,804 200,598 56,770 4,429,221 6,372 25,611 51,576
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 63,299 22,347 5,495 14,709 15,362 5,385 0 0
Chile 98,417 11,479 949 545 84,458 986 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 62,488 1,854 59,454 92 1,088 0 0 891
United States 4,900,561 396,124 134,700 41,423 4,328,314 0 25,611 50,685
Europe 1,829,952 299,964 206,035 115,482 1,158,449 50,023 4,102 3,779
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 466 60 44 66 296 0 4 68
Denmark 6,266 3,990 2,193 83 0 0 57 0
Finland 0 0 0 0 0 0 0 0
France 919,745 56,445 45,878 53,739 763,684 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 43,103 7,610 11,872 8,610 15,012 0 267 0
Liechtenstein 1,193 438 267 106 382 0 119 44
Luxembourg6 710,476 169,513 97,383 40,500 355,015 48,065 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 9,193 5,123 1,004 381 2,634 52 226 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,987 410 1,043 155 3,326 55 64 232
Romania 69 27 6 11 26 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 417 20 25 7 366 0 0 51
Spain 56,618 14,942 35,928 3,200 2,549 0 0 0
Sweden 14,245 8,565 1,095 1,060 2,822 704 1,001 401
Switzerland 20,438 3,468 2,494 4,808 9,669 0 299 72
Turkey 0 0 0 0 0 0 0 0
United Kingdom 42,735 29,354 6,804 2,759 2,669 1,147 2,066 2,910
Asia and Pacific 500,707 92,464 150,439 28,098 219,187 10,519 2,159 32,393
Australia 0 0 0 0 0 0 0 0
Hong Kong 6,287 4,533 1,216 252 232 55 645 139
India 103,442 5,405 6,759 167 90,877 235 0 213
Japan 192,018 66,793 122,201 0 3,024 0 917 27,990
Korea, Rep. of 164,970 11,756 16,782 26,917 100,108 9,407 0 2,649
New Zealand 0 0 0 0 0 0 0 0
Pakistan 354 56 31 7 237 22 0 0
Philippines 247 37 187 17 5 0 0 0
Taiwan 33,389 3,885 3,263 738 24,705 798 597 1,403
Africa 16,838 2,290 203 2,542 8,661 3,143 21 1,849
South Africa 16,838 2,290 203 2,542 8,661 3,143 21 1,849
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 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 2006:Q4
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 340,934 181,083 163,484 48,780 4,527,500 1,527
Americas 304,857 126,947 153,160 47,439 4,427,694 1,527
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 9,086 13,261 4,943 552 14,303 1,059
Chile 11,351 128 923 26 83,989 468
Costa Rica 0 0 0 0 0 0
Mexico 1,154 699 19,359 40,095 1,088 0
United States 283,266 112,859 127,935 6,765 4,328,314 0
Europe 27,082 46,926 6 0 26 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 6 54 0 0 0 0
Denmark 369 3,622 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 1,171 6,438 0 0 0 0
Liechtenstein 1 437 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 1,529 3,594 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 86 322 0 0 0 0
Romania 27 0 6 0 26 0
Russia 0 0 0 0 0 0
Slovakia 0 20 0 0 0 0
Spain 4,285 10,659 0 0 0 0
Sweden 2,283 6,282 0 0 0 0
Switzerland 1,712 1,756 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 15,613 13,743 0 0 0 0
Asia and Pacific 6,927 6,988 10,129 1,328 91,119 0
Australia 0 0 0 0 0 0
Hong Kong 23 4,510 0 1,216 0 0
India 5,405 0 6,759 0 90,877 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
Pakistan 56 0 31 0 237 0
Philippines 37 0 187 0 5 0
Taiwan 1,407 2,478 3,152 112 0 0
Africa 2,067 222 189 14 8,661 0
South Africa 2,067 222 189 14 8,661 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 2006:Q4
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 7,064,934 675,323 509,245 162,721 5,673,671 43,978 30,484 28,409
Americas 4,837,728 353,528 158,599 38,697 4,282,255 4,649 24,702 16,042
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 44,612 15,625 3,642 7,525 13,811 4,011 0 0
Chile 98,064 11,522 1,279 569 84,055 639 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 61,533 1,278 59,223 16 1,016 0 0 40
United States 4,633,519 325,103 94,455 30,588 4,183,373 0 24,702 16,002
Europe 1,757,893 262,405 207,500 93,000 1,167,838 27,151 3,450 2,553
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 436 47 70 49 271 0 3 0
Denmark 5,138 3,224 1,835 80 0 0 64 0
Finland 0 0 0 0 0 0 0 0
France 912,528 40,594 50,904 49,744 771,287 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 57,779 12,002 18,492 12,400 14,886 0 518 0
Liechtenstein 1,389 378 350 36 626 0 62 57
Luxembourg6 639,717 145,784 87,923 23,557 356,287 26,166 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 6,041 2,180 934 203 2,644 80 127 0
Poland 0 0 0 0 0 0 0 0
Portugal 5,441 455 1,509 68 3,262 148 54 300
Romania 45 12 8 6 19 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 291 22 93 27 148 0 0 26
Spain 64,033 19,444 38,030 3,885 2,674 0 0 0
Sweden 11,003 6,261 1,026 552 2,630 534 859 247
Switzerland 16,862 4,044 1,741 993 10,084 0 402 64
Turkey 0 0 0 0 0 0 0 0
United Kingdom 37,189 27,959 4,587 1,400 3,019 224 1,361 1,859
Asia and Pacific 454,678 56,839 142,945 29,666 215,663 9,566 2,207 8,963
Australia 0 0 0 0 0 0 0 0
Hong Kong 6,267 4,665 380 241 212 770 491 76
India 102,372 4,067 6,454 179 91,573 99 0 94
Japan 155,317 36,175 116,019 0 3,123 0 1,167 6,272
Korea, Rep. of 156,865 8,807 16,384 28,438 95,010 8,226 0 1,122
New Zealand 0 0 0 0 0 0 0 0
Pakistan 307 64 31 12 168 31 0 0
Philippines 132 10 108 9 5 0 0 0
Taiwan 33,418 3,050 3,569 786 25,573 440 549 1,399
Africa 14,635 2,550 201 1,358 7,914 2,611 125 850
South Africa 14,635 2,550 201 1,358 7,914 2,611 125 850
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 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 2006:Q4
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 315,802 128,158 125,665 43,684 4,380,724 1,210
Americas 281,530 71,997 115,602 42,996 4,281,045 1,210
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 7,041 8,583 3,250 392 12,985 826
Chile 11,388 134 1,248 31 83,671 384
Costa Rica 0 0 0 0 0 0
Mexico 707 571 20,053 39,170 1,016 0
United States 262,394 62,708 91,052 3,403 4,183,373 0
Europe 26,298 49,728 8 0 19 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 1 45 0 0 0 0
Denmark 517 2,706 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 1,845 10,156 0 0 0 0
Liechtenstein 4 375 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 627 1,554 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 128 327 0 0 0 0
Romania 12 0 8 0 19 0
Russia 0 0 0 0 0 0
Slovakia 0 22 0 0 0 0
Spain 6,366 13,078 0 0 0 0
Sweden 1,886 4,375 0 0 0 0
Switzerland 1,802 2,242 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 13,109 14,848 0 0 0 0
Asia and Pacific 5,624 6,233 9,971 571 91,746 0
Australia 0 0 0 0 0 0
Hong Kong 48 4,618 0 380 0 0
India 4,067 0 6,454 0 91,573 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
Pakistan 64 0 31 0 168 0
Philippines 10 0 108 0 5 0
Taiwan 1,435 1,615 3,378 192 0 0
Africa 2,350 200 84 117 7,914 0
South Africa 2,350 200 84 117 7,914 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 2006:Q4
Millions of U.S. dollars2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 404,057 150,007 40,417 44,817 142,828 25,989 946 61,667
Americas 284,480 79,168 34,986 22,637 146,028 1,663 916 35,535
Argentina 0 0 0 0 0 0 0 0
Brazil -2,555 892 -7,014 4,564 -937 -59 6 0
Canada 18,686 6,722 1,854 7,186 1,550 1,375 0 0
Chile 353 -44 -330 -24 403 348 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 954 576 231 76 72 0 0 851
United States 267,042 71,022 40,245 10,835 144,941 0 910 34,684
Europe 71,327 35,472 -2,100 22,618 -7,440 22,775 182 1,703
Austria 1,401 655 -8 183 366 204 0 478
Belgium 0 0 0 0 0 0 0 0
Czech Republic 30 14 -27 17 26 0 1 68
Denmark 1,128 766 358 3 0 0 -7 0
Finland 4,165 780 1,646 559 981 200 0 0
France 7,217 15,851 -5,026 3,995 -7,603 0 0 0
Germany -4,344 -2,762 -1,555 -473 613 -168 -473 162
Greece -974 -554 -847 73 352 0 0 -129
Hungary -196 -22 -124 1 -54 3 6 -36
Ireland 0 0 0 0 0 0 0 0
Italy -14,676 -4,392 -6,620 -3,790 126 0 -253 0
Liechtenstein -196 60 -82 70 -244 0 57 -12
Luxembourg6 70,759 23,729 9,460 16,943 -1,272 21,899 0 0
Netherlands -787 -186 255 -210 -309 -338 0 0
Norway 3,152 2,942 70 178 -10 -28 99 0
Poland 0 0 0 0 0 0 0 0
Portugal -452 -45 -468 86 66 -93 10 -68
Romania 24 14 -1 5 7 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 126 -3 -68 -21 217 0 0 25
Spain -7,415 -4,501 -2,103 -686 -125 0 0 0
Sweden 3,242 2,304 69 508 192 170 142 153
Switzerland 3,576 -576 753 3,815 -416 0 -104 8
Turkey 0 0 0 0 0 0 0 0
United Kingdom 5,548 1,398 2,217 1,361 -350 925 705 1,053
Asia and Pacific 46,047 35,628 7,529 -1,622 3,493 1,019 -49 23,430
Australia 0 0 0 0 0 0 0 0
Hong Kong 20 -133 836 11 20 -714 154 63
India 1,070 1,337 304 -12 -696 136 0 119
Japan 36,700 30,618 6,182 0 -100 0 -250 21,718
Korea, Rep. of 8,105 2,949 397 -1,522 5,099 1,181 0 1,527
New Zealand 18 3 35 -54 -31 65 0 0
Pakistan 47 -8 0 -5 69 -9 0 0
Philippines 115 27 79 9 0 0 0 0
Taiwan -29 835 -306 -48 -868 359 48 3
Africa 2,203 -261 2 1,184 746 532 -104 999
South Africa 2,203 -261 2 1,184 746 532 -104 999
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 2006:Q4
Millions of U.S. dollars2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 24,278 52,582 30,655 5,279 145,807 317
Americas 24,218 54,950 30,391 4,595 145,712 317
Argentina 0 0 0 0 0 0
Brazil 892 0 -7,167 153 -937 0
Canada 2,045 4,677 1,693 160 1,318 233
Chile -38 -6 -325 -5 318 84
Costa Rica 0 0 0 0 0 0
Mexico 448 128 -694 925 72 0
United States 20,871 50,151 36,883 3,362 144,941 0
Europe -984 -3,125 -1 0 7 0
Austria 61 593 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 5 9 0 0 0 0
Denmark -149 915 0 0 0 0
Finland -5 785 0 0 0 0
France 0 0 0 0 0 0
Germany -1,268 -1,494 0 0 0 0
Greece -412 -142 0 0 0 0
Hungary -21 -1 0 0 0 0
Ireland 0 0 0 0 0 0
Italy -673 -3,718 0 0 0 0
Liechtenstein -3 62 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands -122 -63 0 0 0 0
Norway 902 2,040 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -40 -5 0 0 0 0
Romania 14 0 -1 0 7 0
Russia 0 0 0 0 0 0
Slovakia 0 -3 0 0 0 0
Spain -2,081 -2,419 0 0 0 0
Sweden 396 1,907 0 0 0 0
Switzerland -90 -485 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 2,502 -1,107 0 0 0 0
Asia and Pacific 1,326 736 161 787 -658 0
Australia 0 0 0 0 0 0
Hong Kong -25 -108 0 836 0 0
India 1,337 0 304 0 -696 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 22 -19 3 31 -31 0
Pakistan -8 0 0 0 69 0
Philippines 27 0 79 0 0 0
Taiwan -28 863 -226 -80 0 0
Africa -283 22 105 -103 746 0
South Africa -283 22 105 -103 746 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 2006:Q4
Millions of euros, end of quarter2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 16,526,129 7,982,691 2,938,706 1,575,084 2,933,730 513,140 293,288 748,680
Americas 8,721,466 4,715,244 1,425,684 688,256 1,835,703 56,579 204,689 545,231
Argentina 4,672 2,249 945 126 1,353 0 0 0
Brazil 317,973 28,618 198,617 77,156 8,278 5,304 300 186,663
Canada 429,991 187,158 48,114 113,578 30,550 50,590 0 0
Chile 13,440 1,581 3,359 1,340 6,476 684 0 0
Costa Rica 773 1 200 0 572 0 0 2
Mexico 47,543 6,919 39,772 121 730 0 0 917
United States 7,907,074 4,488,719 1,134,677 495,935 1,787,744 0 204,389 357,649
Europe 5,880,185 2,224,528 1,251,222 801,355 841,277 179,025 50,621 98,475
Austria 97,370 19,273 55,070 11,839 10,363 825 0 17,516
Belgium 104,245 66,056 11,058 23,899 3,217 16 5,429 16,300
Czech Republic 5,195 423 901 974 2,572 326 0 497
Denmark 72,605 33,885 36,701 2,019 0 0 1,214 0
Finland 51,484 18,970 11,912 4,658 15,014 929 0 0
France 1,343,400 428,400 190,600 295,200 429,200 0 0 0
Germany 258,409 129,457 69,720 22,341 32,667 4,225 10,144 13,143
Greece 20,960 6,352 6,222 2,492 5,894 0 0 2,950
Hungary 5,422 878 1,084 117 3,114 229 93 949
Ireland 582,779 0 0 0 0 0 0 0
Italy 343,810 72,974 110,136 94,935 65,766 0 2,710 0
Liechtenstein 13,147 6,129 4,003 955 2,060 0 770 927
Luxembourg6 1,661,563 688,714 474,836 142,986 215,367 139,660 0 0
Netherlands 82,430 43,416 15,303 11,067 1,689 10,956 0 0
Norway7 41,052 24,811 5,183 1,775 9,000 282 1,050 0
Poland 21,987 5,611 2,073 12,475 1,751 78 0 168
Portugal 23,701 2,971 9,783 1,341 8,111 1,494 249 2,061
Romania 187 60 18 71 38 0 0 0
Russia 4,297 2,776 367 1,145 9 0 0 51
Slovakia 2,408 173 625 225 1,385 0 173 566
Spain 279,361 108,138 121,058 50,060 105 0 0 0
Sweden 134,320 95,084 6,553 20,658 8,189 3,836 8,528 3,463
Switzerland 121,120 47,058 29,424 34,072 10,566 0 5,586 1,858
Turkey 11,741 328 1,709 77 9,627 0 11 0
United Kingdom 597,191 422,591 86,882 65,975 5,574 16,170 14,666 38,025
Asia and Pacific 1,865,233 1,023,785 259,734 72,017 241,543 268,153 37,560 96,093
Australia 656,230 253,920 55,333 0 113,334 233,641 0 0
Hong Kong 479,161 341,138 85,097 24,883 21,010 7,033 32,937 0
India 44,206 18,265 6,272 1,312 16,771 1,586 0 394
Japan 439,547 354,926 67,446 0 17,174 0 2,316 85,015
Korea, Rep. of 191,291 41,110 41,821 40,148 47,749 20,463 0 7,060
New Zealand 9,789 1,887 951 3,125 561 3,266 0 0
Pakistan 1,643 1,076 96 77 352 40 0 2
Philippines 1,173 102 940 124 7 0 0 0
Taiwan 42,195 11,360 1,779 2,348 24,585 2,123 2,307 3,622
Africa 59,245 19,133 2,067 13,456 15,206 9,383 417 8,881
South Africa 59,245 19,133 2,067 13,456 15,206 9,383 417 8,881
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.
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 2006:Q4
Millions of euros, end of quarter2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 4,272,367 2,412,761 1,972,076 353,712 2,515,116 45,112
Americas 3,611,537 1,103,707 1,352,670 73,015 1,831,708 2,642
Argentina 2,249 0 945 0 0 0
Brazil 28,618 0 197,798 818 8,278 0
Canada 83,033 104,125 44,369 3,745 29,034 1,515
Chile 975 605 2,380 979 5,349 1,127
Costa Rica 0 1 180 20 572 0
Mexico 5,773 1,146 17,438 22,334 730 0
United States 3,490,889 997,830 1,089,559 45,118 1,787,744 0
Europe 584,917 950,895 567,108 193,975 602,384 21,837
Austria 1,418 17,855 32,057 23,013 7,160 3,203
Belgium 4,111 61,945 9,809 1,249 2,202 1,015
Czech Republic 28 395 111 790 162 2,410
Denmark 4,108 29,777 20,574 16,127 0 0
Finland 3,258 15,712 7,731 4,181 15,000 14
France 162,100 266,300 126,800 63,800 427,100 2,100
Germany 32,757 96,700 47,242 22,478 32,637 30
Greece 5,155 1,196 2,388 3,834 1,408 4,486
Hungary 248 629 1,068 16 3,108 6
Ireland 0 0 0 0 0 0
Italy 12,691 60,283 82,733 27,403 65,743 23
Liechtenstein 42 6,087 1,530 2,472 1,486 574
Luxembourg 0 0 0 0 0 0
Netherlands 7,946 35,470 0 0 0 0
Norway 7,842 16,970 3,234 1,949 8,883 116
Poland 5,111 500 1,482 590 1,751 0
Portugal 1,022 1,949 9,638 145 8,111 0
Romania 60 0 18 0 38 0
Russia 2,776 0 367 0 9 0
Slovakia 0 173 468 158 1,385 0
Spain 42,199 65,938 119,409 1,649 105 0
Sweden 26,080 69,004 5,787 766 8,135 53
Switzerland 20,848 26,209 12,522 16,902 2,760 7,806
Turkey 328 0 1,709 0 9,627 0
United Kingdom 244,789 177,802 80,430 6,451 5,574 0
Asia and Pacific 58,758 356,180 50,324 86,630 65,817 20,633
Australia 0 0 0 0 0 0
Hong Kong 1,163 339,975 0 85,097 377 20,633
India 18,265 0 6,272 0 16,771 0
Japan 0 0 0 0 0 0
Korea, Rep. of 31,694 9,416 40,998 822 47,749 0
New Zealand 499 1,388 689 261 561 0
Pakistan 1,076 0 96 0 352 0
Philippines 102 0 940 0 7 0
Taiwan 5,959 5,401 1,330 449 0 0
Africa 17,155 1,979 1,974 93 15,206 0
South Africa 17,155 1,979 1,974 93 15,206 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 2006:Q4
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 5,798,294 641,361 432,432 157,439 4,512,702 54,362 24,748 69,526
Americas 3,976,693 335,069 155,659 44,052 3,436,968 4,944 19,874 40,022
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 49,118 17,341 4,264 11,414 11,920 4,179 0 0
Chile 76,369 8,907 736 423 65,537 765 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 48,489 1,438 46,135 71 844 0 0 691
United States 3,802,717 307,383 104,524 32,143 3,358,667 0 19,874 39,330
Europe 1,419,998 232,765 159,878 89,611 898,929 38,817 3,183 2,932
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 362 47 34 51 230 0 3 53
Denmark 4,862 3,096 1,702 64 0 0 44 0
Finland 0 0 0 0 0 0 0 0
France 713,700 43,800 35,600 41,700 592,600 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 33,447 5,905 9,212 6,681 11,649 0 207 0
Liechtenstein 925 340 207 82 296 0 92 35
Luxembourg6 551,312 131,538 75,567 31,427 275,483 37,297 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 7,134 3,975 779 295 2,044 41 175 0
Poland 0 0 0 0 0 0 0 0
Portugal 3,870 318 809 120 2,581 43 50 180
Romania 54 21 5 8 20 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 323 15 19 5 284 0 0 40
Spain 43,934 11,595 27,879 2,483 1,978 0 0 0
Sweden 11,054 6,646 849 823 2,190 546 777 311
Switzerland 15,859 2,691 1,936 3,731 7,503 0 232 56
Turkey 0 0 0 0 0 0 0 0
United Kingdom 33,161 22,778 5,280 2,141 2,071 890 1,603 2,258
Asia and Pacific 388,536 71,750 116,737 21,803 170,084 8,162 1,675 25,137
Australia 0 0 0 0 0 0 0 0
Hong Kong 4,879 3,517 944 196 180 43 500 108
India 80,268 4,194 5,245 129 70,518 183 0 165
Japan 149,001 51,830 94,825 0 2,346 0 711 21,719
Korea, Rep. of 128,012 9,122 13,022 20,887 77,681 7,300 0 2,056
New Zealand 0 0 0 0 0 0 0 0
Pakistan 274 43 24 5 184 17 0 0
Philippines 192 29 145 14 4 0 0 0
Taiwan 25,909 3,014 2,532 573 19,170 620 463 1,089
Africa 13,066 1,777 157 1,972 6,720 2,439 17 1,435
South Africa 13,066 1,777 157 1,972 6,720 2,439 17 1,435
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 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 2006:Q4
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 264,557 140,516 126,859 37,852 3,513,230 1,185
Americas 236,562 98,508 118,848 36,811 3,435,783 1,185
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 7,051 10,290 3,836 428 11,099 821
Chile 8,808 99 716 20 65,174 363
Costa Rica 0 0 0 0 0 0
Mexico 896 543 15,022 31,113 844 0
United States 219,808 87,576 99,274 5,249 3,358,667 0
Europe 21,015 36,413 5 0 20 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 5 42 0 0 0 0
Denmark 286 2,810 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 909 4,996 0 0 0 0
Liechtenstein 1 339 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 1,187 2,789 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 67 250 0 0 0 0
Romania 21 0 5 0 20 0
Russia 0 0 0 0 0 0
Slovakia 0 15 0 0 0 0
Spain 3,325 8,271 0 0 0 0
Sweden 1,771 4,875 0 0 0 0
Switzerland 1,328 1,362 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 12,116 10,664 0 0 0 0
Asia and Pacific 5,376 5,422 7,860 1,030 70,706 0
Australia 0 0 0 0 0 0
Hong Kong 18 3,500 0 944 0 0
India 4,194 0 5,245 0 70,518 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
Pakistan 43 0 24 0 184 0
Philippines 29 0 145 0 4 0
Taiwan 1,091 1,923 2,446 87 0 0
Africa 1,604 172 147 11 6,720 0
South Africa 1,604 172 147 11 6,720 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 2006:Q4
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 5,482,218 524,034 395,162 126,267 4,402,631 34,126 23,655 22,045
Americas 3,753,960 274,329 123,069 30,028 3,322,926 3,608 19,168 12,448
Argentina 0 0 0 0 0 0 0 0
Brazil 0 0 0 0 0 0 0 0
Canada 34,618 12,125 2,826 5,839 10,717 3,112 0 0
Chile 76,095 8,941 992 441 65,225 496 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 47,748 991 45,956 12 789 0 0 31
United States 3,595,499 252,272 73,295 23,736 3,246,196 0 19,168 12,417
Europe 1,364,082 203,620 161,015 72,165 906,214 21,069 2,677 1,981
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 339 36 55 38 210 0 2 0
Denmark 3,987 2,502 1,424 62 0 0 49 0
Finland 0 0 0 0 0 0 0 0
France 708,100 31,500 39,500 38,600 598,500 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 44,835 9,313 14,349 9,622 11,551 0 402 0
Liechtenstein 1,078 293 271 28 486 0 48 44
Luxembourg6 496,405 113,125 68,226 18,280 276,470 20,304 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 4,688 1,692 725 158 2,052 62 98 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,222 353 1,171 53 2,531 115 42 233
Romania 35 10 6 5 15 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 225 17 72 21 115 0 0 20
Spain 49,688 15,088 29,510 3,015 2,075 0 0 0
Sweden 8,538 4,858 796 428 2,041 414 667 192
Switzerland 13,085 3,138 1,351 770 7,825 0 312 50
Turkey 0 0 0 0 0 0 0 0
United Kingdom 28,858 21,695 3,560 1,086 2,343 174 1,056 1,443
Asia and Pacific 352,819 44,105 110,922 23,020 167,350 7,423 1,713 6,955
Australia 0 0 0 0 0 0 0 0
Hong Kong 4,863 3,620 295 187 164 597 381 59
India 79,438 3,156 5,008 139 71,058 77 0 73
Japan 120,522 28,071 90,028 0 2,423 0 905 4,867
Korea, Rep. of 121,723 6,834 12,714 22,067 73,725 6,383 0 871
New Zealand 0 0 0 0 0 0 0 0
Pakistan 238 50 24 10 130 24 0 0
Philippines 102 8 83 7 4 0 0 0
Taiwan 25,932 2,366 2,770 610 19,844 341 426 1,086
Africa 11,356 1,979 156 1,054 6,141 2,026 97 660
South Africa 11,356 1,979 156 1,054 6,141 2,026 97 660
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 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 2006:Q4
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 245,054 99,448 97,513 33,898 3,399,336 939
Americas 218,460 55,868 89,705 33,364 3,321,987 939
Argentina 0 0 0 0 0 0
Brazil 0 0 0 0 0 0
Canada 5,464 6,660 2,522 304 10,076 641
Chile 8,837 104 968 24 64,927 298
Costa Rica 0 0 0 0 0 0
Mexico 548 443 15,560 30,395 789 0
United States 203,611 48,660 70,654 2,641 3,246,196 0
Europe 20,407 38,588 6 0 15 0
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 1 35 0 0 0 0
Denmark 401 2,100 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 1,432 7,881 0 0 0 0
Liechtenstein 3 291 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 486 1,206 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 99 254 0 0 0 0
Romania 10 0 6 0 15 0
Russia 0 0 0 0 0 0
Slovakia 0 17 0 0 0 0
Spain 4,940 10,148 0 0 0 0
Sweden 1,464 3,395 0 0 0 0
Switzerland 1,398 1,740 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 10,172 11,521 0 0 0 0
Asia and Pacific 4,364 4,837 7,737 443 71,193 0
Australia 0 0 0 0 0 0
Hong Kong 37 3,583 0 295 0 0
India 3,156 0 5,008 0 71,058 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
Pakistan 50 0 24 0 130 0
Philippines 8 0 83 0 4 0
Taiwan 1,113 1,253 2,621 149 0 0
Africa 1,823 156 65 90 6,141 0
South Africa 1,823 156 65 90 6,141 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 2006:Q4
Millions of euros2
Balanced/ Money Other Sector Funds of
Total Equity3 Bond3 Mixed3 Market3 Funds3 Equity3,4 Funds3,5
World 313,538 116,402 31,362 34,777 110,831 20,167 734 47,852
Americas 220,750 61,432 27,148 17,566 113,314 1,291 711 27,574
Argentina 0 0 0 0 0 0 0 0
Brazil -1,983 692 -5,443 3,541 -727 -46 5 0
Canada 14,500 5,216 1,439 5,576 1,203 1,067 0 0
Chile 274 -34 -256 -18 312 270 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 741 447 179 59 56 0 0 660
United States 207,218 55,111 31,229 8,408 112,471 0 706 26,914
Europe 55,348 27,525 -1,629 17,551 -5,773 17,673 141 1,321
Austria 1,087 508 -6 142 284 158 0 371
Belgium 0 0 0 0 0 0 0 0
Czech Republic 23 11 -21 13 20 0 1 53
Denmark 875 595 278 2 0 0 -5 0
Finland 3,232 605 1,277 434 761 155 0 0
France 5,600 12,300 -3,900 3,100 -5,900 0 0 0
Germany -3,371 -2,143 -1,207 -367 476 -130 -367 126
Greece -756 -430 -657 57 273 0 0 -100
Hungary -152 -17 -96 1 -42 2 4 -28
Ireland 0 0 0 0 0 0 0 0
Italy -11,388 -3,408 -5,137 -2,941 98 0 -196 0
Liechtenstein -152 46 -63 55 -190 0 44 -9
Luxembourg6 54,907 18,413 7,341 13,147 -987 16,993 0 0
Netherlands -611 -144 198 -163 -240 -262 0 0
Norway 2,446 2,283 55 138 -8 -21 77 0
Poland 0 0 0 0 0 0 0 0
Portugal -351 -35 -363 67 51 -72 8 -53
Romania 19 11 -1 4 5 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 98 -2 -53 -16 169 0 0 20
Spain -5,754 -3,493 -1,632 -532 -97 0 0 0
Sweden 2,516 1,788 53 394 149 132 110 119
Switzerland 2,775 -447 585 2,960 -323 0 -81 6
Turkey 0 0 0 0 0 0 0 0
United Kingdom 4,305 1,085 1,720 1,056 -272 718 547 817
Asia and Pacific 35,731 27,647 5,842 -1,258 2,710 790 -38 18,181
Australia 0 0 0 0 0 0 0 0
Hong Kong 16 -103 649 9 15 -554 119 49
India 830 1,038 236 -10 -540 106 0 92
Japan 28,479 23,759 4,797 0 -77 0 -194 16,853
Korea, Rep. of 6,289 2,289 308 -1,181 3,956 917 0 1,185
New Zealand 14 2 27 -42 -24 51 0 0
Pakistan 37 -6 0 -4 54 -7 0 0
Philippines 89 21 62 7 0 0 0 0
Taiwan -22 648 -238 -37 -674 278 37 3
Africa 1,709 -202 2 918 579 413 -80 775
South Africa 1,709 -202 2 918 579 413 -80 775
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 2006:Q4
Millions of euros2
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 18,839 40,803 23,787 4,097 113,143 246
Americas 18,793 42,640 23,582 3,565 113,069 246
Argentina 0 0 0 0 0 0
Brazil 692 0 -5,561 119 -727 0
Canada 1,587 3,629 1,314 124 1,023 181
Chile -29 -5 -252 -4 247 65
Costa Rica 0 0 0 0 0 0
Mexico 348 99 -538 718 56 0
United States 16,195 38,916 28,620 2,609 112,471 0
Europe -763 -2,425 -1 0 5 0
Austria 47 460 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 4 7 0 0 0 0
Denmark -115 710 0 0 0 0
Finland -4 609 0 0 0 0
France 0 0 0 0 0 0
Germany -984 -1,159 0 0 0 0
Greece -320 -110 0 0 0 0
Hungary -16 -1 0 0 0 0
Ireland 0 0 0 0 0 0
Italy -522 -2,885 0 0 0 0
Liechtenstein -3 48 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands -95 -49 0 0 0 0
Norway 700 1,583 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -31 -4 0 0 0 0
Romania 11 0 -1 0 5 0
Russia 0 0 0 0 0 0
Slovakia 0 -2 0 0 0 0
Spain -1,615 -1,877 0 0 0 0
Sweden 307 1,480 0 0 0 0
Switzerland -70 -377 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 1,942 -859 0 0 0 0
Asia and Pacific 1,029 571 125 611 -510 0
Australia 0 0 0 0 0 0
Hong Kong -19 -84 0 649 0 0
India 1,038 0 236 0 -540 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 17 -15 3 24 -24 0
Pakistan -6 0 0 0 54 0
Philippines 21 0 62 0 0 0
Taiwan -22 670 -175 -62 0 0
Africa -219 17 81 -80 579 0
South Africa -219 17 81 -80 579 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 2006:Q4
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 18,834 9,065 3,809 507 5,453 0 0 0
Brazil 894,285 80,488 558,600 216,997 23,282 14,918 845 524,981
Canada 660,247 287,379 73,879 174,398 46,909 77,681 0 0
Chile 9,441,067 1,110,279 2,359,845 941,200 4,548,956 480,787 0 0
Costa Rica 526,790 482 136,365 0 389,943 0 0 1,334
Mexico 677,403 98,581 566,684 1,730 10,408 0 0 13,066
United States 10,413,617 5,911,643 1,494,369 653,146 2,354,459 0 269,180 471,024
Europe
Austria 97,370 19,273 55,070 11,839 10,363 825 0 17,516
Belgium 104,245 66,056 11,058 23,899 3,217 16 5,429 16,300
Czech Republic 142,797 11,626 24,757 26,779 70,678 8,958 0 13,662
Denmark 541,341 252,643 273,644 15,054 0 0 9,050 0
Finland 51,484 18,970 11,912 4,658 15,014 929 0 0
France 1,343,400 428,400 190,600 295,200 429,200 0 0 0
Germany 258,409 129,457 69,720 22,341 32,667 4,225 10,144 13,143
Greece 20,960 6,352 6,222 2,492 5,894 0 0 2,950
Hungary 1,365,161 220,963 272,998 29,459 784,105 57,636 23,344 238,901
Ireland 582,779 0 0 0 0 0 0 0
Italy 343,810 72,974 110,136 94,935 65,766 0 2,710 0
Liechtenstein 21,126 9,849 6,432 1,534 3,311 0 1,237 1,490
Luxembourg5 1,661,563 688,714 474,836 142,986 215,367 139,660 0 0
Netherlands 82,430 43,416 15,303 11,067 1,689 10,956 0 0
Norway6 338,183 204,397 42,701 14,626 74,139 2,319 8,646 0
Poland 84,232 21,495 7,940 47,790 6,708 298 0 645
Portugal 23,701 2,971 9,783 1,341 8,111 1,494 249 2,061
Romania 633 204 61 240 128 0 0 0
Russia 148,980 96,260 12,736 39,688 296 0 0 1,754
Slovakia 82,920 5,953 21,524 7,735 47,709 0 5,953 19,505
Spain 279,361 108,138 121,058 50,060 105 0 0 0
Sweden 1,214,307 859,601 59,243 186,754 74,028 34,681 77,095 31,310
Switzerland 194,628 75,617 47,282 54,751 16,978 0 8,976 2,985
Turkey 21,885 611 3,186 143 17,945 0 21 0
United Kingdom 401,014 283,770 58,341 44,302 3,743 10,858 9,848 25,534
Asia and Pacific
Australia 1,095,935 424,059 92,409 0 189,274 390,192 0 0
Hong Kong 4,908,216 3,494,397 871,679 254,886 215,212 72,042 337,384 0
India 2,576,760 1,064,690 365,570 76,500 977,570 92,430 0 22,940
Japan 68,927,608 55,657,865 10,576,600 0 2,693,143 0 363,250 13,331,603
Korea, Rep. of 234,295,000 50,352,200 51,222,400 49,173,100 58,483,800 25,063,500 0 8,647,600
New Zealand 18,315 3,530 1,779 5,846 1,050 6,111 0 0
Pakistan 131,718 86,311 7,734 6,196 28,237 3,241 0 151
Philippines 75,690 6,578 60,643 8,029 440 0 0 0
Taiwan 1,811,046 487,584 76,341 100,785 1,055,194 91,142 99,007 155,478
Africa
South Africa 546,656 176,543 19,068 124,158 140,308 86,578 3,849 81,948
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.
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 2006:Q4
Millions of units of local currency, end of quarter
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
Americas
Argentina 9,065 0 3,809 0 0 0
Brazil 80,488 0 556,299 2,301 23,282 0
Canada 127,496 159,883 68,128 5,751 44,582 2,327
Chile 685,094 425,185 1,672,160 687,685 3,757,291 791,664
Costa Rica 0 482 122,729 13,637 389,943 0
Mexico 82,250 16,331 248,463 318,221 10,408 0
United States 4,597,501 1,314,142 1,434,949 59,421 2,354,459 0
Europe
Austria 1,418 17,855 32,057 23,013 7,160 3,203
Belgium 4,111 61,945 9,809 1,249 2,202 1,015
Czech Republic 761 10,865 3,042 21,715 4,445 66,234
Denmark 30,627 222,016 153,400 120,244 0 0
Finland 3,258 15,712 7,731 4,181 15,000 14
France 162,100 266,300 126,800 63,800 427,100 2,100
Germany 32,757 96,700 47,242 22,478 32,637 30
Greece 5,155 1,196 2,388 3,834 1,408 4,486
Hungary 62,552 158,411 268,885 4,113 782,517 1,588
Ireland 0 0 0 0 0 0
Italy 12,691 60,283 82,733 27,403 65,743 23
Liechtenstein 67 9,782 2,459 3,973 2,388 923
Luxembourg 0 0 0 0 0 0
Netherlands 7,946 35,470 0 0 0 0
Norway 64,601 139,796 26,643 16,058 73,181 958
Poland 19,579 1,917 5,679 2,261 6,708 0
Portugal 1,022 1,949 9,638 145 8,111 0
Romania 204 0 61 0 128 0
Russia 96,260 0 12,736 0 296 0
Slovakia 0 5,953 16,099 5,425 47,709 0
Spain 42,199 65,938 119,409 1,649 105 0
Sweden 235,775 623,826 52,315 6,928 73,545 483
Switzerland 33,501 42,116 20,122 27,160 4,435 12,543
Turkey 611 0 3,186 0 17,945 0
United Kingdom 164,376 119,394 54,009 4,332 3,743 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 11,908 3,482,489 0 871,679 3,863 211,349
India 1,064,690 0 365,570 0 977,570 0
Japan 0 0 0 0 0 0
Korea, Rep. of 38,819,600 11,532,600 50,215,000 1,007,400 58,483,800 0
New Zealand 933 2,597 1,289 489 1,050 0
Pakistan 86,311 0 7,734 0 28,237 0
Philippines 6,578 0 60,643 0 440 0
Taiwan 255,771 231,813 57,074 19,268 0 0
Africa
South Africa 158,287 18,256 18,211 857 140,308 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 2006:Q4
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 72,110 25,458 6,260 16,757 17,500 6,135 0 0
Chile 52,023,384 6,067,636 501,708 288,227 44,644,387 521,426 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 680,503 20,187 647,468 1,002 11,846 0 0 9,704
United States 4,900,561 396,124 134,700 41,423 4,328,314 0 25,611 50,685
Europe
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 10,141 1,316 950 1,428 6,448 0 80 1,481
Denmark 36,251 23,085 12,687 479 0 0 327 0
Finland 0 0 0 0 0 0 0 0
France 713,700 43,800 35,600 41,700 592,600 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 33,447 5,905 9,212 6,681 11,649 0 207 0
Liechtenstein 1,474 541 330 131 472 0 147 55
Luxembourg5 551,312 131,538 75,567 31,427 275,483 37,297 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 59,006 32,879 6,445 2,443 16,903 335 1,448 0
Poland 0 0 0 0 0 0 0 0
Portugal 3,870 318 809 120 2,581 43 50 180
Romania 187 72 17 29 70 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 11,617 550 688 184 10,195 0 0 1,432
Spain 43,934 11,595 27,879 2,483 1,978 0 0 0
Sweden 100,977 60,710 7,759 7,515 20,004 4,989 7,098 2,841
Switzerland 25,261 4,286 3,083 5,942 11,951 0 369 89
Turkey 0 0 0 0 0 0 0 0
United Kingdom 22,321 15,332 3,554 1,441 1,394 599 1,079 1,520
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 48,918 35,265 9,461 1,962 1,802 428 5,018 1,082
India 4,651,510 243,040 303,920 7,490 4,086,480 10,580 0 9,580
Japan 22,619,399 7,868,153 14,395,071 0 356,175 0 107,981 3,297,126
Korea, Rep. of 154,795,300 11,030,876 15,746,602 25,256,563 93,934,063 8,827,196 0 2,485,627
New Zealand 0 0 0 0 0 0 0 0
Pakistan 21,486 3,392 1,904 419 14,406 1,365 0 0
Philippines 12,287 1,863 9,295 867 262 0 0 0
Taiwan 1,096,696 127,590 107,184 24,244 811,450 26,227 19,607 46,076
Africa
South Africa 123,134 16,743 1,484 18,586 63,334 22,988 1,625 13,524
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 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 2006:Q4
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 10,351 15,107 5,631 629 16,294 1,206
Chile 5,999,960 67,676 487,826 13,882 44,396,775 247,612
Costa Rica 0 0 0 0 0 0
Mexico 12,571 7,616 210,822 436,645 11,846 0
United States 283,266 112,859 127,935 6,765 4,328,314 0
Europe
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 141 1,174 0 0 0 0
Denmark 2,132 20,953 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 909 4,996 0 0 0 0
Liechtenstein 1 540 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 9,814 23,065 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 67 250 0 0 0 0
Romania 72 0 17 0 70 0
Russia 0 0 0 0 0 0
Slovakia 0 550 0 0 0 0
Spain 3,325 8,271 0 0 0 0
Sweden 16,181 44,529 0 0 0 0
Switzerland 2,116 2,170 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 8,155 7,178 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 177 35,088 0 9,461 0 0
India 243,040 0 303,920 0 4,086,480 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
Pakistan 3,392 0 1,904 0 14,406 0
Philippines 1,863 0 9,295 0 262 0
Taiwan 46,200 81,391 103,517 3,666 0 0
Africa
South Africa 15,118 1,625 1,382 102 63,334 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 2006:Q4
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 50,822 17,800 4,149 8,572 15,733 4,569 0 0
Chile 51,836,721 6,090,781 676,046 300,744 44,431,577 337,573 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 670,108 13,914 644,953 173 11,068 0 0 437
United States 4,633,519 325,103 94,455 30,588 4,183,373 0 24,702 16,002
Europe
Austria 0 0 0 0 0 0 0 0
Belgium 0 0 0 0 0 0 0 0
Czech Republic 9,498 1,015 1,532 1,059 5,892 0 57 0
Denmark 29,727 18,651 10,615 461 0 0 368 0
Finland 0 0 0 0 0 0 0 0
France 708,100 31,500 39,500 38,600 598,500 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 44,835 9,313 14,349 9,622 11,551 0 402 0
Liechtenstein 1,717 467 432 44 774 0 77 70
Luxembourg5 496,405 113,125 68,226 18,280 276,470 20,304 0 0
Netherlands 0 0 0 0 0 0 0 0
Norway 38,773 13,994 5,994 1,304 16,969 513 814 0
Poland 0 0 0 0 0 0 0 0
Portugal 4,222 353 1,171 53 2,531 115 42 233
Romania 122 33 21 16 52 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 8,100 627 2,582 757 4,134 0 0 729
Spain 49,688 15,088 29,510 3,015 2,075 0 0 0
Sweden 77,994 44,381 7,272 3,914 18,645 3,782 6,091 1,754
Switzerland 20,841 4,998 2,152 1,227 12,464 0 497 79
Turkey 0 0 0 0 0 0 0 0
United Kingdom 19,424 14,603 2,396 731 1,577 117 711 971
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 48,760 36,299 2,953 1,874 1,647 5,987 3,822 591
India 4,603,410 182,900 290,230 8,050 4,117,780 4,450 0 4,220
Japan 18,296,140 4,261,401 13,666,842 0 367,897 0 137,453 738,778
Korea, Rep. of 147,190,273 8,263,538 15,373,626 26,684,458 89,149,979 7,718,672 0 1,052,825
New Zealand 0 0 0 0 0 0 0 0
Pakistan 18,628 3,894 1,906 749 10,190 1,889 0 13
Philippines 6,559 498 5,350 444 267 0 0 0
Taiwan 1,097,645 100,169 117,240 25,819 839,966 14,451 18,033 45,965
Africa
South Africa 107,025 18,651 1,469 9,931 57,878 19,097 914 6,219
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 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 2006:Q4
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 8,021 9,778 3,702 446 14,792 941
Chile 6,019,811 70,970 659,686 16,360 44,228,537 203,040
Costa Rica 0 0 0 0 0 0
Mexico 7,694 6,221 218,378 426,575 11,068 0
United States 262,394 62,708 91,052 3,403 4,183,373 0
Europe
Austria 0 0 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 25 989 0 0 0 0
Denmark 2,993 15,658 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 1,432 7,881 0 0 0 0
Liechtenstein 5 463 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands 0 0 0 0 0 0
Norway 4,023 9,972 0 0 0 0
Poland 0 0 0 0 0 0
Portugal 99 254 0 0 0 0
Romania 33 0 21 0 52 0
Russia 0 0 0 0 0 0
Slovakia 0 627 0 0 0 0
Spain 4,940 10,148 0 0 0 0
Sweden 13,372 31,009 0 0 0 0
Switzerland 2,227 2,771 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 6,847 7,755 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong 372 35,927 0 2,953 0 0
India 182,900 0 290,230 0 4,117,780 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
Pakistan 3,894 0 1,906 0 10,190 0
Philippines 498 0 5,350 0 267 0
Taiwan 47,118 53,051 110,938 6,302 0 0
Africa
South Africa 17,185 1,466 617 852 57,878 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 2006:Q4
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 -5,497 1,918 -15,090 9,818 -2,016 -127 13 0
Canada 21,287 7,658 2,112 8,186 1,766 1,566 0 0
Chile 186,663 -23,145 -174,337 -12,517 212,811 183,853 0 0
Costa Rica 0 0 0 0 0 0 0 0
Mexico 10,394 6,272 2,515 829 779 0 0 9,267
United States 267,042 71,022 40,245 10,835 144,941 0 910 34,684
Europe
Austria 1,087 508 -6 142 284 158 0 371
Belgium 0 0 0 0 0 0 0 0
Czech Republic 644 301 -582 369 556 0 22 1,481
Denmark 6,524 4,434 2,072 18 0 0 -41 0
Finland 3,232 605 1,277 434 761 155 0 0
France 5,600 12,300 -3,900 3,100 -5,900 0 0 0
Germany -3,371 -2,143 -1,207 -367 476 -130 -367 126
Greece -756 -430 -657 57 273 0 0 -100
Hungary -39,600 -4,374 -25,005 168 -10,981 592 1,160 -7,313
Ireland 0 0 0 0 0 0 0 0
Italy -11,388 -3,408 -5,137 -2,941 98 0 -196 0
Liechtenstein -242 74 -101 87 -302 0 70 -15
Luxembourg5 54,907 18,413 7,341 13,147 -987 16,993 0 0
Netherlands -611 -144 198 -163 -240 -262 0 0
Norway 20,233 18,885 452 1,140 -66 -177 633 0
Poland 0 0 0 0 0 0 0 0
Portugal -351 -35 -363 67 51 -72 8 -53
Romania 65 38 -4 13 18 0 0 0
Russia 0 0 0 0 0 0 0 0
Slovakia 3,516 -77 -1,894 -574 6,061 0 0 702
Spain -5,754 -3,493 -1,632 -532 -97 0 0 0
Sweden 22,983 16,329 487 3,601 1,359 1,207 1,007 1,087
Switzerland 4,420 -712 931 4,715 -514 0 -129 10
Turkey 0 0 0 0 0 0 0 0
United Kingdom 2,898 730 1,158 711 -183 483 368 550
Asia and Pacific
Australia 0 0 0 0 0 0 0 0
Hong Kong 158 -1,034 6,508 88 155 -5,559 1,195 491
India 48,100 60,140 13,690 -560 -31,300 6,130 0 5,360
Japan 4,323,259 3,606,752 728,229 0 -11,722 0 -29,472 2,558,348
Korea, Rep. of 7,605,027 2,767,338 372,976 -1,427,895 4,784,084 1,108,524 0 1,432,802
New Zealand 27 4 52 -80 -46 97 0 0
Pakistan 2,858 -502 -2 -330 4,217 -525 0 -13
Philippines 5,728 1,365 3,945 423 -5 0 0 0
Taiwan -949 27,421 -10,056 -1,574 -28,516 11,776 1,575 111
Africa
South Africa 16,109 -1,908 15 8,655 5,456 3,891 -758 7,306
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 2006:Q4
Millions of units of local currency
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
Americas
Argentina 0 0 0 0 0 0
Brazil 1,918 0 -15,418 329 -2,016 0
Canada 2,330 5,328 1,929 182 1,502 265
Chile -19,851 -3,294 -171,860 -2,477 168,239 44,572
Costa Rica 0 0 0 0 0 0
Mexico 4,878 1,395 -7,555 10,070 779 0
United States 20,871 50,151 36,883 3,362 144,941 0
Europe
Austria 47 460 0 0 0 0
Belgium 0 0 0 0 0 0
Czech Republic 116 185 0 0 0 0
Denmark -861 5,295 0 0 0 0
Finland -4 609 0 0 0 0
France 0 0 0 0 0 0
Germany -984 -1,159 0 0 0 0
Greece -320 -110 0 0 0 0
Hungary -4,170 -205 0 0 0 0
Ireland 0 0 0 0 0 0
Italy -522 -2,885 0 0 0 0
Liechtenstein -4 77 0 0 0 0
Luxembourg 0 0 0 0 0 0
Netherlands -95 -49 0 0 0 0
Norway 5,791 13,094 0 0 0 0
Poland 0 0 0 0 0 0
Portugal -31 -4 0 0 0 0
Romania 38 0 -4 0 18 0
Russia 0 0 0 0 0 0
Slovakia 0 -77 0 0 0 0
Spain -1,615 -1,877 0 0 0 0
Sweden 2,809 13,520 0 0 0 0
Switzerland -111 -600 0 0 0 0
Turkey 0 0 0 0 0 0
United Kingdom 1,307 -578 0 0 0 0
Asia and Pacific
Australia 0 0 0 0 0 0
Hong Kong -194 -839 0 6,508 0 0
India 60,140 0 13,690 0 -31,300 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 0 0
New Zealand 33 -28 5 46 -46 0
Pakistan -502 0 -2 0 4,217 0
Philippines 1,365 0 3,945 0 -5 0
Taiwan -918 28,340 -7,421 -2,635 0 0
Africa
South Africa -2,067 159 765 -750 5,456 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 2006:Q4
End of quarter
Balanced/ Money Other Sector Funds of
Total Equity2 Bond2 Mixed2 Market2 Funds2 Equity2,3 Funds2,4
World 61,506 25,584 13,557 12,515 3,408 4,103 1,391 5,541
Americas 14,477 6,673 4,075 2,248 1,174 307 535 3,479
Argentina 223 76 94 22 31 0 0 0
Brazil 2,907 482 1,200 1,067 41 117 11 2,857
Canada 1,764 1,007 188 343 107 119 0 0
Chile 926 225 229 305 96 71 0 0
Costa Rica 100 2 53 0 45 0 0 1
Mexico 437 111 318 3 5 0 0 17
United States 8,120 4,770 1,993 508 849 0 524 604
Europe 32,800 13,956 6,607 6,466 1,645 1,787 515 1,214
Austria 948 249 392 215 60 32 0 454
Belgium 1,549 1,326 111 95 16 1 107 94
Czech Republic 58 11 10 25 5 7 0 17
Denmark 494 299 168 27 0 0 32 0
Finland 376 215 67 47 33 14 0 0
France 8,092 3,230 1,214 3,040 608 0 0 0
Germany 1,199 569 325 230 49 26 102 216
Greece 247 105 66 46 30 0 0 22
Hungary 92 27 24 9 29 3 1 36
Ireland 2,339 0 0 0 0 0 0 0
Italy 989 389 276 287 37 0 40 0
Liechtenstein 233 126 45 55 7 0 16 37
Luxembourg5 7,919 2,871 2,089 1,102 502 1,355 0 0
Netherlands 473 209 74 63 10 117 0 0
Norway6 524 328 89 45 55 7 39 0
Poland 157 42 41 45 25 4 0 27
Portugal 175 61 50 24 23 17 9 33
Romania 32 12 7 11 2 0 0 0
Russia 358 160 73 119 6 0 0 11
Slovakia 43 10 13 11 9 0 10 10
Spain 3,235 1,920 865 448 2 0 0 0
Sweden 474 313 47 69 32 13 36 32
Switzerland 609 291 168 124 26 0 41 13
Turkey 282 102 111 20 49 0 3 0
United Kingdom 1,903 1,091 282 309 30 191 79 212
Asia and Pacific 13,479 4,731 2,831 3,463 560 1,894 330 566
Australia 0 0 0 0 0 0 0 0
Hong Kong 1,099 705 219 93 62 20 97 0
India 468 199 131 34 50 54 0 30
Japan 2,753 2,533 206 0 14 0 171 265
Korea, Rep. of 8,030 823 2,102 3,038 330 1,737 0 209
New Zealand 613 192 129 206 20 66 0 0
Pakistan 31 13 3 3 10 2 0 1
Philippines 38 8 20 7 3 0 0 0
Taiwan 447 258 21 82 71 15 62 61
Africa 750 224 44 338 29 115 11 282
South Africa 750 224 44 338 29 115 11 282
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 2006:Q4
End of quarter
Foreign/ Foreign/ Foreign/
Domestic International Domestic International Domestic International
World 9,095 10,263 7,127 1,959 2,577 203
Americas 4,897 1,776 3,644 431 1,095 48
Argentina 76 0 94 0 0 0
Brazil 482 0 1,143 57 41 0
Canada 333 674 143 45 85 22
Chile 75 150 123 106 70 26
Costa Rica 0 2 48 5 45 0
Mexico 76 35 213 105 5 0
United States 3,855 915 1,880 113 849 0
Europe 3,547 7,539 3,183 1,261 1,034 99
Austria 13 236 170 222 24 36
Belgium 59 1,267 81 30 9 7
Czech Republic 1 10 2 8 3 2
Denmark 31 268 85 83 0 0
Finland 26 189 48 19 32 1
France 1,370 1,860 908 306 592 16
Germany 65 504 214 111 47 2
Greece 63 42 31 35 25 5
Hungary 13 14 23 1 28 1
Ireland 0 0 0 0 0 0
Italy 54 335 146 130 36 1
Liechtenstein 1 125 13 32 4 3
Luxembourg 0 0 0 0 0 0
Netherlands 47 162 0 0 0 0
Norway 87 241 62 27 53 2
Poland 30 12 30 11 25 0
Portugal 19 42 46 4 23 0
Romania 12 0 7 0 2 0
Russia 160 0 73 0 6 0
Slovakia 0 10 10 3 9 0
Spain 759 1,162 790 75 2 0
Sweden 106 207 40 7 30 2
Switzerland 81 210 69 99 5 21
Turkey 102 0 111 0 49 0
United Kingdom 448 643 224 58 30 0
Asia and Pacific 466 909 265 258 419 56
Australia 0 0 0 0 0 0
Hong Kong 14 691 0 219 6 56
India 199 0 131 0 50 0
Japan 0 0 0 0 0 0
Korea, Rep. of 0 0 0 0 330 0
New Zealand 53 139 103 26 20 0
Pakistan 13 0 3 0 10 0
Philippines 8 0 20 0 3 0
Taiwan 179 79 8 13 0 0
Africa 185 39 35 9 29 0
South Africa 185 39 35 9 29 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, 2006:Q4
Units of local currency per U.S. dollar
End of Quarter Quarterly Average1
Americas
Argentina 3.0610 3.0781
Brazil 2.1355 2.1513
Canada 1.1659 1.1392
Chile 533.3800 528.6005
Costa Rica 517.2500 517.9120
Mexico 10.8188 10.8902
United States 1.0000 1.0000
Europe
Austria2 0.7593 0.7760
Belgium2 0.7593 0.7760
Czech Republic 20.8694 21.7615
Denmark 5.6614 5.7854
Finland2 0.7593 0.7760
France2 0.7593 0.7760
Germany2 0.7593 0.7760
Greece2 0.7593 0.7760
Hungary 191.1693 201.9477
Ireland2 0.7593 0.7760
Italy2 0.7593 0.7760
Liechtenstein 1.2201 1.2360
Luxembourg2 0.7593 0.7760
Netherlands2 0.7593 0.7760
Norway 6.2551 6.4183
Poland 2.9089 2.9858
Portugal2 0.7593 0.7760
Romania 2.5636 2.6950
Russia 26.3255 26.5866
Slovakia 26.1465 27.8798
Spain2 0.7593 0.7760
Sweden 6.8644 7.0885
Switzerland 1.2201 1.2360
Turkey 1.4153 1.4574
United Kingdom 0.5099 0.5223
Asia and Pacific
Australia 1.2681 1.2978
Hong Kong 7.7778 7.7804
India 44.2600 44.9673
Japan 119.0700 117.7985
Korea, Rep. of 930.0000 938.3262
New Zealand 1.4207 1.4822
Pakistan 60.8800 60.7429
Philippines 49.0100 49.7309
Taiwan 32.5900 32.8456
Africa
South Africa 7.0061 7.3129
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.