Content
Published:
This is an archived release.
Continued investments in mutual funds
The net purchase of mutual funds shares is 12.5 billion NOK in the second quarter of this year. This is considerably lower compared to the previous two quarters, but on the same level as a year ago.
The investments in the second quarter are on the whole made in equity funds. In contrast, the investments in the previous quarter were mainly in money market funds.
As of 30 June 2007, the market value of all mutual funds shares is 445.7 billion NOK.. This is an increase of 8.6 per cent compared to the figures in the previous quarter. The increase is mainly due to higher net asset values on existing mutual funds shares, but also due to net purchases of mutual funds shares during the quarter.
The institutional sector “Insurance companies” is the largest holder of mutual funds shares, with an owner share of 28.1 per cent as of 30 June 2007. In comparison, the sectors “Employees etc” and “Other private non-financial corporations” have owner shares of 26.6 and 12.1 per cent respectively.
Changes in the statistics as from the fourth quarter of 2006The mutual funds’ investments in mutual funds shares are included in the figures as from the fourth quarter of 2006. Previous quarters are published as net figures, i.e. not including these investments. As from the same quarter, the statistics is based on direct information on what mutual funds own of shares, bonds and short-term debt securities. This information is collected from the Norwegian Central Securities Depository and custodians. In addition some adjustments are made in the published tables, among others a more detailed sector specification of the mutual funds shares by holders and of the net purchase of mutual funds shares by purchasers. |
The statistics is now published as Mutual funds.
Contact
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Harald Stormoen
E-mail: harald.stormoen@ssb.no
tel.: (+47) 95 91 95 91
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Steven Chun Wei Got
E-mail: steven.got@ssb.no
tel.: (+47) 90 82 68 27