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| 2006 | 2007 | 2008 |
2009 | 2010 | |
| Home-domiciled UCITS | 271.552 | 266.064 | 184.920 | 220.934 | 249.421 |
| Home-domiciled non-UCITS | 741.881 | 775.810 | 719.978 | 798.806 | 876.105 |
| Funds domiciled abroad and promoted by national providers |
268.552 | 322.566 | 259.233 | 321.867 | 352.085 |
| Total AuM (assets under management) | 1,281.985 | 1,364.440 | 1,164.132 |
1,341.607
|
1,477.611 |
Reference dates: end of year in each case
Source: BVI
| 2006 | 2007 | 2008 | 2009 | 2010 | |
| Home-domiciled UCITS | -6,245.5 | -13,444.0 | -15,638.5 | 8,043.4 | 10.491.0 |
| Home-domiciled non- UCITS |
41,153.3 | 34,479.1 | 17,390.8 | 36,364.9 | 66,456.7 |
| Foreign domiciled funds promoted by national providers |
30,193.5 | 45,827.5 | -13,727.5 | -12.049.9 | 9,277.7 |
| Total net sales | 65,101.3 | 66,862.6 | -11,.975.4 | 32,358.4 | 86,225.4 |
| Foreign-domiciled funds promoted by foreign providers |
3,037.0 | -7,938.5 | 4,118.6 | 1,929.6 | 3,890.4 |
Reference dates: end of year in each case
Source: BVI
In 2010, the rebound of UCITS after the global financial market crisis made good progress in terms of net sales as well as performance attribution. The between-year difference in net assets of EUR bn 29 can be assigned to net sales of Eur bn 10.5 and a performance component to be roughly estimated as of 8 percent. Influence of net sales was more pronounced in non-UCITS, their net assets growing by EUR bn 77.3 which is slightly less than in 2009. However, this growth is to a considerably greater extent attributable to net sales than performance if compared to the year before. From a historical point of view, never before the net assets of home-domiciled non-UCITS had been higher by end of the year than in 2010 (EUR bn 876). Net assets of round trip funds also reached an all-time high by breaking the threshold of EUR bn 350 in spite of only modest net sales. Home-domiciled UCITS, however, are still markedly behind their net assets shown before the crisis. Looking at the overall development of these three categories of investment funds, their aggregated assets under management amount to EUR bn 1,478 which is also well above the figures that have ever been reported before. Foreign funds of foreign origin kept their role in being the fourth important component of the German investment fund market. Since having been integrated in our statistics in 2006, they show quite a stable level of yearly net sales of about EUR bn 3 to 5 (with the exception of 2007 when they were hurt by the crisis to an extent similar to other market participants).
Looking at the within-year developments of net sales, no extreme seasonal patterns can be found which in total reflects a year lacking significant ruptures in the markets. This means that quarterly net sales may be derived by simply dividing the whole year figures by the number of 4. The only deviation from this rule is a rather weak Q2, especially for foreign funds distributed by foreign providers where the net sales even dropped below the zero line
