Content
Published:
This is an archived release.
Investors preferred bond funds
The total value of Norwegian mutual fund shares went up by NOK 17.9 billion to a total of NOK 897.7 billion during the third quarter of 2014. Investors bought fund shares for NOK 20.2 billion. During the quarter, the value of bond fund shares had the largest increase of all mutual fund shares.
4th quarter 2013 | 1st quarter 2014 | 2nd quarter 2014 | 3rd quarter 2014 | |
---|---|---|---|---|
All sectors | ||||
Mutual funds shares capital | 725 849 | 823 876 | 879 748 | 897 691 |
Net purchases/sales | -3 440 | 98 140 | 18 635 | 20 147 |
General government | ||||
Mutual funds shares capital | 13 563 | 13 285 | 13 676 | 13 129 |
Net purchases/sales | 506 | -87 | -24 | -383 |
Financial corporations | ||||
Mutual funds shares capital | 408 144 | 502 463 | 533 903 | 551 955 |
Net purchases/sales | -10 190 | 92 018 | 12 216 | 14 661 |
Non-financial corporations | ||||
Mutual funds shares capital | 59 776 | 64 397 | 66 699 | 65 685 |
Net purchases/sales | 3 547 | 4 416 | 1 027 | -717 |
Households | ||||
Mutual funds shares capital | 116 078 | 115 013 | 123 572 | 122 987 |
Net purchases/sales | -115 | -421 | 957 | 815 |
Non-profit institutions serving households | ||||
Mutual funds shares capital | 23 187 | 24 155 | 26 514 | 27 474 |
Net purchases/sales | 214 | 1 089 | 1 231 | 856 |
Rest of the world | ||||
Mutual funds shares capital | 104 895 | 104 378 | 115 246 | 116 315 |
Net purchases/sales | 2 694 | 1 120 | 3 222 | 4 897 |
Unspecified sector | ||||
Mutual funds shares capital | 206 | 185 | 138 | 146 |
Net purchases/sales | -96 | 5 | 6 | 18 |
Investors net bought bond fund shares for NOK 12.6 billion and equity fund shares for NOK 4.8 billion in the third quarter of 2014. Investors also net bought other bond fund shares worth NOK 2.8 billion.
Increase in the value of bond funds
During the third quarter of 2014, the value of the bond fund shares had the largest increase by NOK 15.1 billion or 6.3 per cent. The value of other bond fund shares increased by NOK 3.1 billion or 4.5 per cent, while the value of the equity fund shares went down by NOK 0.9 billion or 0.2 per cent.
Life insurance companies net purchased
Life insurance companies and pension funds’ net bought mutual fund shares amounted to NOK 11.5 billion in the third quarter of the year. NOK 8.1 billion of this amount was bond fund shares.
Foreign investors and households net purchased
Foreign investors net bought mutual fund shares for NOK 4.9 billion during the third quarter of 2014, the largest part of which was made up of equity funds amounting to NOK 2.5 billion.
The household sector net purchased mutual fund shares for NOK 0.8 billion in the third quarter of 2014. This sector net bought other bond fund shares, hybrid fund shares and bond fund shares for a total amount of NOK 1.6 billion, and net sold equity fund shares, money market fund shares and other fund shares for NOK 0.8 billion.
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