Slide n° 1 March 2003 Brussels THE STATE OF THE EUROPEAN INVESTMENT FUNDS INDUSTRY AT End-March 2003 THE STATE OF THE EUROPEAN INVESTMENT FUNDS INDUSTRY AT End-March 2003

Slide n° 2 March 2003 Brussels Net Assets of European Investment Funds EUR billions Source: FEFSI

Slide n° 3 March 2003 Brussels The UCITS Market Geographical breakdown of nationally domiciled funds Source: FEFSI EUR millions

Slide n° 4 March 2003 Brussels Source: FEFSI The Global Investment Funds Market: Geographical breakdown adding UCITS and non-UCITS assets EUR millions

Slide n° 5 March 2003 Brussels Four Basic Types of UCITS Source: FEFSI EUR billions

Slide n° 6 March 2003 Brussels The Equity Funds Market: Geographical breakdown of home-domiciled assets 157 EUR millions Source: FEFSI

Slide n° 7 March 2003 Brussels The Bond Funds Market Geographical breakdown of home-domiciled assets EUR millions Source: FEFSI

Slide n° 8 March 2003 Brussels The Balanced Funds Market: Geographical breakdown of home-domiciled assets EUR millions Source: FEFSI

Slide n° 9 March 2003 Brussels The Market of Money Market Funds Geographical breakdown of home-domiciled assets EUR millions Source: FEFSI

Slide n° 10 March 2003 Brussels Proportion of Equity Funds (as % of total UCITS assets) Source: FEFSI

Slide n° 11 March 2003 Brussels Proportion of Bond Funds (as % of total UCITS assets) Source: FEFSI

Slide n° 12 March 2003 Brussels Proportion of Balanced Funds (as % of total UCITS assets) Source: FEFSI

Slide n° 13 March 2003 Brussels Proportion of Money Market Funds (as % of total UCITS assets) Source: FEFSI

Slide n° 14 March 2003 Brussels The End...