The total assets of euro area investment funds increased to EUR 4,540 billion at end-June 2009, from EUR 4,099 billion in March 2009.1 This development was mainly due to a rise in the amount outstanding of shares and other equity, from EUR 1,043 billion to EUR 1,240 billion, and of securities other than shares, from EUR 1,699 billion to EUR 1,867 billion.