In July 2010, the amount outstanding of shares/units issued by euro area investment funds other than money market funds was EUR 47 billion higher than in June 2010. This increase was due almost equally to increases in share/unit prices and to net issues of shares/units.
The amount outstanding of shares/units issued by euro area investment funds other than money market funds increased to EUR 5,362 billion in July 2010, from EUR 5,315 billion in June 20101. Over the same period, the amount outstanding of shares/units issued by euro area money market funds decreased to EUR 1,143 billion from EUR 1,167 billion.
The transactions in shares/units issued by euro area investment funds other than money market funds amounted to EUR 21 billion in July 2010, while the transactions in shares/units issued by money market funds amounted to EUR -6 billion.
The annual growth rate of shares/units issued by euro area investment funds other than money market funds, calculated on the basis of transactions, was 7.3% in July 2010, while the annual rate of change of shares/units issued by euro area money market funds was -13.8%.