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| 2006 | 2007 | 2008 | 2009 | 2010 | |
| Home-domiciled UCITS | 1,415 | 1,741 | 1,987 | 2,064 | 2,048 |
|
1,407 | 1,681 | 1,881 | 1,959 | 1,926 |
|
16 | 57 | 111 | 133 | 199 |
|
24 | 117 | 217 | 238 | 321 |
| Home-domiciled non-UCITS | 4,417 | 4,246 | 4,022 | 3,962 | 3,875 |
| Foreign funds registered for sales | 6,397 | 7,457 | 7,758 | 8,496 | 8,618 |
|
1,601 | 2,139 | 2,436 | 2,750 | 2,870 |
|
4,796 | 5,318 | 5,332 | 5,740 | 5,748 |
| Fund Launches | 695 | 845 | 837 | 713 | 600 |
| Fund Liquidations | 798 | 707 | 818 | 759 | 582 |
| Fund Mergers (of which UCITS) |
217 (9) | 122 (20) | 122 (39) | 170 (106) | 145 (83) |
| Average fund size (median) | |||||
|
51.6 | 47.4 | 22.1 | 22.8 | 28.0 |
|
52.7 | 53.3 | 46.1 | 48.2 | 52.2 |
|
40.0 | 26.1 | 15.9 | 22.0 | 24.6 |
|
111.2 | 75.1 | 64.3 | 80.3 | 80.3 |
|
1,288.8 | 1,698.2 | 1,146.2 | 1,148.5 | 920.3 |
|
55.7 | 57.3 | 51.3 | 61.5 | 66.0 |
| Number of unit holders | 15.8 | 16.0 | 15.9 | 14.7 | 19.3 |
Number of unit holders in millions
Other than has been argued throughout the crisis, we may not observe any drastic change or even drop in the number of funds. On the contrary, round trip funds are still a growing part of the scenery. While the shrinking number of special funds in total is the result of a structural process and means no real decrease since it is outweighed by a respective rise in the number of within-fund segments (invisible here), German fund companies widely avail themselves of the possibility of creating share classes within existing funds. This is a quite new trend enabled by a revision of the German investment law in 2007 and formerly having been possible within round trip funds only.
