INVESTMENT BUSINESS DIVISION
QUARTERLY STATISTICAL REVIEW
31 December 2000
OPEN ENDED FUNDS
Open-Ended Funds - Closed-Ended Funds - Total Funds under Management - Non-Guernsey Open-Ended Funds - Contents Page
Date / Number of
Authorised
Funds / Value of
Funds (£mn) / Number of
Registered
Holders / Total Value
of Sales
(£mn) / Total Value
of Repurchases
(£mn) / Net New
Investment
(£mn)
31-Dec-1999 / 198 / 14,671 / 134,372 / 1,706 / 1,215 / 491
31-Mar-2000 / 206 / 16,431 / 135,705 / 2,256 / 1,334 / 922
30-Jun-2000 / 201 / 15,867r / 131,640r / 1,475r / 1,601r / -125r
30-Sep-2000 / 198 / 15,432 / 137,163 / 1,500 / 1,774 / -274
31-Dec-2000 / 206 / 14,772 / 139,534 / 1,655 / 1,348 / 307
r = Revised figure based upon updated information received by the Commission.
Analysis by Type and ClassType / Total / Class A / Class B / Class Q / Exchange Listed
Equity / 41 / 8 / 32 / 1 / 18
Debt / 16 / 0 / 16 / 0 / 1
Fund of Funds / 9 / 1 / 8 / 0 / 1
Derivatives / 9 / 0 / 9 / 0 / 1
Money Market / 2 / 0 / 2 / 0 / 0
Guaranteed / 1 / 0 / 1 / 0 / 1
Feeder Funds / 6 / 0 / 6 / 0 / 0
Umbrella/Multi* / 117 / 14 / 101 / 2 / 32
Other / 5 / 1 / 3 / 1 / 2
Total / 206 / 24 / 178 / 4 / 56
*Comprising / 468 / sub funds
/ (*) Umbrella/Multi Classes
Type / Total / Total %
Equity / 137 / 29%
Debt / 64 / 14%
Fund of Funds / 90 / 19%
Money Market / 75 / 16%
Guaranteed / 1 / 0%
Feeder Funds / 55 / 12%
Derivatives / 4 / 1%
Other / 42 / 9%
Total Active / 468 / 100%
Constitution
OEIC / Unit Trust / Protected Cell
Company / Total
92 / 81 / 33 / 206
45% / 39% / 16% / 100%
/ Main Investment Objective other than Umbrella / Multi Class
Income / Balanced / Growth / Umbrella / Total
8 / 10 / 71 / 117 / 206
4% / 5% / 34% / 57% / 100%
Notes:
Class A schemes are those which meet the Commission's Collective Investment Schemes Rules 1988 and are thereby eligible for recognition by the UK Financial Services Authority for sale to the public in the United Kingdom by virtue of Guernsey's designation under Section 87 of the Financial Services Act 1986.
In addition to the United Kingdom there are eight other countries in which the Class A funds may be marketed to the public (upon application to the relevant authority) and these are: Australia, Hong Kong, Japan, The Netherlands, The Republic of Ireland, South Africa, Sweden and Switzerland.
Class B schemes are authorised under the Protection of Investors Law 1987 and are subject to the Collective Investment Schemes (Class B) Rules 1990. They will also be considered for public marketing by the relevant authorities in the countries referred to above.
Class Q schemes, designed for qualifying professional investors, are also authorised under the Protection of Investors Law 1987 and are subject to the Collective Investment Schemes (Qualifying Professional Investor Funds) (Class Q) Rules 1998.
© Copyright 2000
GUERNSEY FINANCIAL SERVICES COMMISSION
INVESTMENT BUSINESS DIVISION
QUARTERLY STATISTICAL REVIEW
31 December 2000
CLOSED ENDED FUNDS
Open-Ended Funds- Closed-Ended Funds - Total Funds under Management- Non-Guernsey Open-Ended Funds- Contents Page
Date / Number of Funds / Value of Funds
(£mn) / Number of
Registered Holders / Exchange Listed
31-Dec-1999 / 231 / 8,274 / 16,888 / 60
31-Mar-2000 / 232 / 8,412 / 16,786 / 56
30-Jun-2000 / 252 / 10,789 / 18,336 / 60
30-Sep-2000 / 257 / 12,206 / 19,760 / 61
31-Dec-2000 / 272 / 11,674 / 21,866 / 66
Constitution
Company / Unit Trust / Limited
Partnership / Total
141 / 53 / 78 / 272
52% / 19% / 29% / 100%
Main Investment Objective
Venture
Capital / Property / Guaranteed / Emerging
Markets / Technology / Other / Total
169 / 20 / 2 / 27 / 12 / 42 / 272
63% / 7% / 1% / 10% / 4% / 15% / 100%
© Copyright 2000
GUERNSEY FINANCIAL SERVICES COMMISSION
INVESTMENT BUSINESS DIVISION
QUARTERLY STATISTICAL REVIEW
31 December 2000
TOTAL FUNDS UNDER MANAGEMENT
Open-Ended Funds- Closed-Ended Funds- Total Funds under Management - Non-Guernsey Open-Ended Funds- Contents Page
Date / Number of Funds / Value of Funds (£mn) / Number of
Registered Holders / Exchange Listed
31-Dec-1999 / 429 / +1.4% / 22,945 / +19.8% / 151,260 / -0.4% / 120
31-Mar-2000 / 438 / +2.1% / 24,843 / +8.3% / 152,491 / +0.8% / 112
30-Jun-2000 / 453 / +3.4% / 26,656r / +7.3% / 149,976r / -1.6% / 120
30-Sep-2000 / 455 / +0.4% / 27,638 / +3.7% / 156,923 / +4.6% / 119
31-Dec-2000 / 478 / +5.1% / 26,446 / -4.3% / 161,400 / +2.9% / 122
r = Revised figure based upon updated information received by the Commission.
© Copyright 2000GUERNSEY FINANCIAL SERVICES COMMISSION
INVESTMENT BUSINESS DIVISION
QUARTERLY STATISTICAL REVIEW
31 December 2000
NON-GUERNSEY OPEN-ENDED SCHEMES
Open-Ended Funds- Closed-Ended Funds- Total Funds under Management- Non-Guernsey Open-Ended Funds - Contents Page
Date / Number of Funds / Value of Funds (£mn) / Exchange Listed / Restricted Activity
Management / Administration / Custody
31-Dec-1999 / 131 / 7,044 / 22 / 35 / 98 / 10
31-Mar-2000 / 136 / 7,461 / 26 / 37 / 103 / 10
30-Jun-2000 / 137 / 7,646 / 30 / 37 / 102 / 12
30-Sep-2000 / 143 / 7,734 / 27 / 32 / 107 / 13
31-Dec-2000 / 142 / 7,656 / 28 / 33 / 107 / 13
Constitution
Company / Unit Trust / Limited
Partnership / Total
112 / 19 / 11 / 142
79% / 13% / 8% / 100%
/ Type of Scheme
Type / Total / Total
%
Equity / 62 / 44%
Debt / 8 / 6%
Umbrella / 17 / 12%
Fund of Funds / 14 / 10%
Money Market / 2 / 1%
Feeder Funds / 10 / 7%
Derivatives / 10 / 7%
Other / 19 / 13%
Total / 142 / 100%
Notes:
Non-Guernsey schemes are funds which are established/incorporated in other jurisdictions and have Guernsey institutions licensed under the POI Law providing either management, administration or custodial services.
© Copyright 2000