- In fourth quarter of 2020, outstanding amount of聽聽other than money market funds rose to 鈧�13,719 billion, up 鈧�855 billion on previous quarter
- 聽in quarter amounted to 鈧�222 billion, with 鈧�1,283 billion in gross issues and 鈧�1,061 billion in gross redemptions
- Outstanding amount of聽聽rose to 鈧�1,416 billion, up 鈧�25 billion on previous quarter
In the fourth quarter of 2020, the outstanding amount of聽聽other than money market funds stood at 鈧�13,719 billion, 鈧�855 billion higher than in the third quarter (see Chart 1). Net issues during this period were 鈧�222 billion, with gross issues amounting to 鈧�1,283 billion and gross redemptions to 鈧�1,061 billion (see Chart 2). The annual growth rate of shares/units issued by investment funds other than money market funds, calculated on the basis of transactions, was 3.8% in the fourth quarter of 2020.
In terms of the聽, net issues of shares/units by equity funds amounted to 鈧�127 billion in the fourth quarter of 2020 (see Chart 3). For bond funds the figure was 鈧�40 billion, while for mixed funds it was 鈧�21 billion and for real estate, hedge and other funds it was 鈧�34 billion.
聽(ETFs), which are a separate category within total investment funds (see annex below), recorded net issues of 鈧�48 billion in the fourth quarter of 2020. The outstanding amount of shares/units issued by ETFs stood at 鈧�962 billion.
Within the聽assets of investment funds other than money market funds, net purchases of equity amounted to 鈧�146 billion in the fourth quarter of 2020 (see Chart 4). Net purchases of investment fund shares/units were 鈧�50 billion, while those of聽debt securities聽were 鈧�30 billion.
贵辞谤听聽the outstanding amount was 鈧�25 billion higher than in the third quarter. This increase was accounted for by 鈧�46 billion in net issuance of shares/units and -鈧�21 billion in other changes (including price changes). The annual growth rate of shares/units issued by money market funds, calculated on the basis of transactions, was 19.7% in the fourth quarter of 2020.
Within the聽assets of money market funds, the annual growth rate of聽聽holdings was 11.6% in the fourth quarter of 2020, with overall net purchases amounting to 鈧�40 billion, which reflected net purchases of 鈧�38 billion in debt securities issued by non-euro area residents and net purchases of 鈧�2 billion in debt securities issued by euro area residents. 贵辞谤听聽claims, the annual growth rate was 47.6% and transactions during the fourth quarter of 2020 amounted to 鈧�3 billion.
Statistical Data Warehouse:
ecb.europa.eu
