Share-based fund (equity fund)
Assets of a capital management company invested primarily in equities (a type of mutual fund that invests shareholder money predominantly in ownership of publicly traded businesses by buying common shares). – See equity price matching, equity ratio, true, investment committee, balanced fund, capital investment code, country fund, long-short arbitrage, special fund. – In the respective Monthly Bulletin of the ECB, detailed breakdowns of equity funds can be found in the annex „Euro area statistics,“ section „Monetary developments, banks and investment funds,“ subsection „Assets of investment funds in the euro area by investment focus and investor group.“ – Cf. BaFin Annual Report 2004, p. 177 (guideline on fund categories), ECB Monthly Report of June 2007, p. 28 et seq. (proportional breakdown of funds), Deutsche Bundesbank Monthly Report of January 2013, p. 16 (equity funds characterized by volatile inflows), ECB Monthly Report of August 2013, p. 54 et seq. (link between investments in equity funds and the low interest rate policy). – In the Deutsche Bundesbank’s monthly statistical supplement „Capital Market Statistics,“ also figures on the number, share turnover and assets of domestic equity funds (domestic share-based), broken down by various aspects.
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