Performance of investment funds 2017May
Published on 07/20/2017
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Annual performance of non-money market funds still above 8%
After five consecutive months of increase, the annual performance of non-money market funds declines slightly but remains above 8 % (8.1% after 8.7% in April 2017). All categories of funds are concerned, including equity funds (16,7%, -120 bp compared to April).
The annual performance of money market funds decreases again (-0.08% in May).
The annual performance of money market funds decreases again (-0.08% in May).
Annual performance of Investment Funds by subsectors (a)
(percent, outstanding amounts : EUR billion)
| 2014 | 2015 | 2016 | Apr- 2017 | May-2017 | Net asset Value May-2017 | |
| NON MONEY MARKET FUNDS | 5.4 | 5.1 | 3.0 | 8.7 | 8.1 | 1,180 |
| Equity funds | 6.9 | 10.0 | 3.6 | 17.9 | 16.7 | 338 |
| of which: ETF (b) | 10.0 | 5.7 | 5.6 | 21.0 | 19.1 | 64 |
| Bond funds | 5.1 | 0.9 | 2.7 | 1.6 | 1.3 | 276 |
| Mixed Funds | 5.4 | 3.0 | 2.6 | 6.7 | 6.3 | 353 |
| Other funds (c) | 3.4 | 6.5 | 3.1 | 7.7 | 6.9 | 214 |
| of which employee savings funds | 3.4 | 6.9 | 3.6 | 10.0 | 9.0 | 127 |
| MONEY MARKET FUNDS | 0.37 | 0.18 | 0.02 | -0.04 | -0.08 | 371 |
Source : Banque de France
(a) Annual performance net of management fees but before deduction of entry and exit fees commissions (cf. methodology)
(b) Exchange Trade Fund
(c) Private equity funds, hedge funds, employee saving funds, Formula-based funds
(b) Exchange Trade Fund
(c) Private equity funds, hedge funds, employee saving funds, Formula-based funds
Annual performance of equity, bond and mixed funds
In percent
Performance of Non-MMF funds and employee saving funds (a)
In percent
Performance of equity funds (a)
In percent
Performance of bond funds (a)
In percent
Performance of MMF funds (a)
In percent
Source: Banque de France, Barclays
(a) Annual performance net of management fees but before deduction of entry and exit fees commissions (cf. methodology).
Additional information
The different categories of funds under review are defined by the Autorité des Marchés Financiers (AMF - French Financial Markets Authority). The classification of each fund is based on its real risk exposure. The definition of the exposure and the risk thresholds for each category are developed in AMF Instructions 2011-19, 2011-20 and 2011-21.
The Stoxx 600 index comprises 600 companies residing in 18 European countries.
The Barclays index comprises sovereign and quasi-sovereign bonds, corporate bonds and asset-backed securities. It includes securities denominated in 24 currencies, issued from developed and emerging markets. The rating of the securities is "investment grade" with residual maturity over one year.
The performance of these indexes is measured as the total return (price variation and reinvested dividends/coupons).
The Stoxx 600 index comprises 600 companies residing in 18 European countries.
The Barclays index comprises sovereign and quasi-sovereign bonds, corporate bonds and asset-backed securities. It includes securities denominated in 24 currencies, issued from developed and emerging markets. The rating of the securities is "investment grade" with residual maturity over one year.
The performance of these indexes is measured as the total return (price variation and reinvested dividends/coupons).
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Performance of investment funds
- Published on 07/20/2017
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Published on Thursday, July 20, 2017