Germany investment fund assets and sales
Germany's investment fund assets and net sales, published monthly by the Deutsche Bundesbank.
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| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | 10-2025 | 09-2025 | 08-2025 | 07-2025 | 06-2025 | 05-2025 | 04-2025 | 03-2025 | 02-2025 | 01-2025 | 12-2024 | 11-2024 | 10-2024 | 09-2024 | 08-2024 | 07-2024 | 06-2024 | 05-2024 | 04-2024 | 03-2024 | 02-2024 | 01-2024 | 12-2023 | 11-2023 | 10-2023 | 09-2023 | 08-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets under management3 | ||||||||||||||||||||||||||||||||||||||
| Public funds1 | ||||||||||||||||||||||||||||||||||||||
| Funds total10 | 845,784 | 834,804 | 836,440 | 829,499 | 800,703 | 764,775 | 802,763 | 786,851 | 773,001 | 767,083 | 767,478 | 751,377 | 742,131 | 740,030 | 726,473 | 724,227 | 695,609 | 706,357 | 730,496 | 729,344 | 710,186 | 714,853 | 701,222 | 702,780 | 697,928 | 694,588 | 693,333 | 688,477 | 680,622 | 687,800 | 667,607 | 658,032 | 650,206 | 636,540 | 620,279 | 641,752 | 648,423 | |
| Equity funds | 443,840 | 435,990 | 435,796 | 429,755 | 407,941 | 381,053 | 408,293 | 396,810 | 387,195 | 383,216 | 382,806 | 370,657 | 363,159 | 361,247 | 350,722 | 349,025 | 327,278 | 335,808 | 353,143 | 352,412 | 336,013 | 338,332 | 327,620 | 328,183 | 325,402 | 322,945 | 322,614 | 318,040 | 312,021 | 316,806 | 305,416 | 296,126 | 289,583 | 280,311 | 263,789 | 273,448 | 276,591 | |
| Bond funds | 69,578 | 69,724 | 69,910 | 68,992 | 67,984 | 67,091 | 67,618 | 66,215 | 65,415 | 66,890 | 67,056 | 66,377 | 66,598 | 66,257 | 65,241 | 64,218 | 62,448 | 62,098 | 62,303 | 61,622 | 61,335 | 61,707 | 61,633 | 61,638 | 61,177 | 60,478 | 59,698 | 59,350 | 59,201 | 59,175 | 58,760 | 59,241 | 59,449 | 58,277 | 57,446 | 58,889 | 59,848 | |
| Mixed securities funds | 154,571 | 152,646 | 153,400 | 152,969 | 149,120 | 143,862 | 150,973 | 148,948 | 146,426 | 146,476 | 146,493 | 143,990 | 142,428 | 142,195 | 140,333 | 139,955 | 135,912 | 137,553 | 142,216 | 142,051 | 138,600 | 139,720 | 137,121 | 137,579 | 136,337 | 136,312 | 135,632 | 133,160 | 131,682 | 133,498 | 131,478 | 130,952 | 129,405 | 126,790 | 121,277 | 130,537 | 132,606 | |
| Money market funds | 6,845 | 6,769 | 6,841 | 6,909 | 6,955 | 6,605 | 6,382 | 6,344 | 6,268 | 6,399 | 6,433 | 6,471 | 6,530 | 6,458 | 6,494 | 6,419 | 6,380 | 5,856 | 5,603 | 5,509 | 5,313 | 5,254 | 5,485 | 5,414 | 5,137 | 4,623 | 4,417 | 4,245 | 4,140 | 3,909 | 3,715 | 3,682 | 3,529 | 3,363 | 3,263 | 3,382 | 3,313 | |
| Real estate funds | 106,407 | 107,201 | 108,206 | 109,239 | 109,606 | 110,021 | 110,827 | 111,580 | 112,689 | 113,957 | 114,782 | 115,499 | 116,146 | 116,865 | 118,008 | 119,179 | 119,734 | 120,477 | 121,345 | 122,059 | 123,469 | 124,421 | 125,045 | 125,765 | 126,292 | 127,045 | 127,955 | 131,369 | 131,781 | 132,186 | 126,222 | 126,633 | 127,197 | 127,936 | 132,337 | 132,347 | 132,293 | |
| Funds of funds | 51,164 | 49,530 | 49,502 | 48,670 | 46,564 | 44,075 | 46,042 | 44,671 | 43,477 | 40,208 | 40,031 | 38,643 | 37,860 | 37,577 | 36,414 | 36,179 | 34,729 | 35,619 | 36,880 | 36,577 | 36,083 | 36,086 | 35,151 | 35,033 | 34,555 | 34,345 | 34,289 | 33,687 | 33,312 | 33,826 | 33,255 | 32,840 | 32,474 | 31,404 | 30,266 | 31,063 | 31,656 | |
| Hedge funds | 3,089 | 3,053 | 3,064 | 3,020 | 2,922 | 2,793 | 2,916 | 2,782 | 2,747 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pension investment funds | 723 | 719 | 722 | 712 | 685 | 657 | 702 | 686 | 677 | 750 | 752 | 737 | 730 | 731 | 719 | 722 | 699 | 705 | 732 | 731 | 633 | 635 | 629 | 636 | 633 | 628 | 630 | 629 | 623 | 634 | 619 | 615 | 609 | 595 | 570 | 585 | 593 | |
| Derivative funds | 1,117 | 1,098 | 1,083 | 1,058 | 1,026 | 995 | 1,015 | 952 | 939 | 907 | 903 | 929 | 895 | 896 | 898 | 907 | 904 | 833 | 717 | 713 | 697 | 688 | 675 | 660 | 629 | 580 | 530 | 515 | 484 | 475 | 438 | 423 | 406 | 391 | 337 | 333 | 295 | |
| Other funds | 7,089 | 6,840 | 6,707 | 6,865 | 6,673 | 6,447 | 6,708 | 6,639 | 6,071 | 7,251 | 7,222 | 7,048 | 6,826 | 6,885 | 6,748 | 6,732 | 6,658 | 6,535 | 6,689 | 6,807 | 7,218 | 7,163 | 7,006 | 6,993 | 6,934 | 6,798 | 6,729 | 6,674 | 6,577 | 6,536 | 6,940 | 6,799 | 6,830 | 6,833 | 10,761 | 10,946 | 11,025 | |
| Special investors funds1 | ||||||||||||||||||||||||||||||||||||||
| Funds total7 | 2,341,406 | 2,331,576 | 2,345,612 | 2,328,133 | 2,279,837 | 2,224,584 | 2,297,779 | 2,264,389 | 2,235,360 | 2,235,598 | 2,235,013 | 2,203,323 | 2,182,765 | 2,174,123 | 2,158,130 | 2,157,844 | 2,132,775 | 2,131,924 | 2,176,490 | 2,162,179 | 2,132,280 | 2,156,730 | 2,123,692 | 2,133,854 | 2,115,397 | 2,108,727 | 2,084,276 | 2,068,583 | 2,056,598 | 2,074,224 | 2,052,845 | 2,047,326 | 2,038,754 | 1,989,768 | 1,934,794 | 1,953,489 | 1,982,394 | |
| Equity funds | 157,504 | 156,352 | 157,951 | 155,717 | 148,488 | 139,845 | 150,079 | 144,759 | 141,115 | 142,143 | 141,667 | 137,133 | 133,663 | 132,156 | 129,262 | 131,036 | 123,388 | 124,971 | 130,494 | 130,781 | 124,097 | 125,687 | 121,321 | 123,039 | 121,050 | 121,310 | 125,578 | 123,834 | 121,991 | 122,748 | 120,910 | 118,558 | 117,941 | 115,427 | 112,097 | 116,363 | 121,024 | |
| Bond funds | 431,793 | 432,635 | 437,896 | 434,734 | 429,970 | 426,382 | 436,922 | 429,891 | 427,024 | 416,760 | 418,917 | 415,415 | 411,791 | 410,977 | 408,590 | 408,041 | 406,854 | 402,607 | 411,452 | 404,237 | 401,902 | 411,870 | 410,356 | 416,831 | 412,578 | 411,128 | 403,570 | 398,963 | 398,299 | 408,605 | 402,151 | 403,720 | 401,984 | 387,874 | 374,214 | 373,477 | 382,729 | |
| Mixed securities funds | 1,227,848 | 1,220,395 | 1,229,771 | 1,218,957 | 1,188,763 | 1,165,061 | 1,210,590 | 1,193,754 | 1,176,795 | 1,186,587 | 1,188,308 | 1,169,516 | 1,159,009 | 1,154,628 | 1,145,935 | 1,146,091 | 1,133,826 | 1,135,415 | 1,162,059 | 1,154,243 | 1,136,449 | 1,149,474 | 1,128,269 | 1,132,089 | 1,123,032 | 1,117,786 | 1,098,369 | 1,093,157 | 1,085,585 | 1,089,917 | 1,073,844 | 1,069,704 | 1,064,146 | 1,038,974 | 1,010,977 | 1,023,389 | 1,036,434 | |
| Money market funds | 0 | 25 | 25 | 25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| Real estate funds | 181,623 | 181,108 | 180,732 | 180,171 | 179,921 | 180,424 | 179,383 | 179,151 | 178,723 | 181,181 | 180,846 | 181,096 | 180,765 | 180,495 | 180,513 | 180,743 | 180,214 | 179,907 | 179,569 | 179,306 | 178,396 | 178,667 | 178,231 | 178,064 | 177,469 | 177,464 | 177,414 | 175,870 | 175,924 | 175,592 | 182,037 | 181,823 | 182,227 | 180,993 | 177,471 | 177,886 | 177,275 | |
| Funds of funds | 208,364 | 207,338 | 204,447 | 203,958 | 200,274 | 187,485 | 192,053 | 190,244 | 187,661 | 178,473 | 176,188 | 173,523 | 172,331 | 171,216 | 168,519 | 164,801 | 163,143 | 164,021 | 166,001 | 165,480 | 163,101 | 161,961 | 157,956 | 158,260 | 156,493 | 156,434 | 155,079 | 153,863 | 152,472 | 154,080 | 152,758 | 151,751 | 150,736 | 147,882 | 144,112 | 145,882 | 147,059 | |
| Other funds | 130,168 | 129,665 | 130,694 | 130,544 | 128,407 | 121,483 | 124,844 | 122,703 | 120,192 | 122,595 | 121,262 | 119,002 | 117,672 | 117,167 | 118,117 | 119,998 | 118,379 | 117,904 | 119,672 | 120,920 | 115,378 | 116,287 | 115,020 | 112,856 | 112,196 | 112,075 | 111,446 | 110,167 | 109,922 | 110,565 | 108,755 | 109,519 | 109,515 | 107,444 | 105,144 | 105,595 | 107,007 | |
| Closed-end funds1 | ||||||||||||||||||||||||||||||||||||||
| Funds total1 | 106,707 | 105,134 | 104,026 | 103,469 | 102,541 | 101,525 | 101,563 | 99,908 | 97,431 | 97,783 | 97,340 | 96,355 | 95,725 | 95,373 | 95,316 | 95,124 | 94,415 | 94,101 | 93,116 | 93,444 | 93,786 | 90,101 | 90,237 | 89,747 | 88,040 | 87,668 | 87,632 | 85,995 | 85,475 | 84,987 | 85,174 | 83,759 | 84,562 | 84,260 | 83,326 | 82,501 | 82,284 | |
| Real estate funds | 42,426 | 41,586 | 41,604 | 41,177 | 41,026 | 41,029 | 40,634 | 40,526 | 40,419 | 40,302 | 40,495 | 40,595 | 39,869 | 39,892 | 40,132 | 40,227 | 40,124 | 40,099 | 39,788 | 39,775 | 39,184 | 39,225 | 39,296 | 39,309 | 39,173 | 39,253 | 39,617 | 39,471 | 39,448 | 39,263 | 39,352 | 38,848 | 39,059 | 39,042 | 38,863 | 38,863 | 38,800 | |
| Net sales3 | ||||||||||||||||||||||||||||||||||||||
| Public funds1 | ||||||||||||||||||||||||||||||||||||||
| Funds total10 | 1,159 | 1,633 | 1,040 | 3,533 | -363 | 2,038 | 4,725 | 2,847 | 442 | 2,361 | 1,217 | 462 | 2,564 | 1,464 | 3,280 | 3,819 | -307 | 3,773 | 2,252 | -1,310 | -438 | -1,841 | 559 | 321 | 723 | 225 | 461 | 210 | 742 | -1,070 | -1,095 | -457 | -1,536 | 592 | -1,269 | 702 | 13 | |
| Equity funds | 1,270 | 1,336 | 327 | 2,120 | -840 | 1,145 | 3,168 | 1,789 | 1,404 | 2,234 | 1,045 | 1,024 | 2,280 | 1,455 | 1,980 | 1,621 | -649 | 3,210 | 2,187 | 435 | -24 | -353 | 614 | 506 | 508 | 459 | 711 | -6 | 889 | 36 | 351 | -177 | -594 | 1,441 | 46 | 1,274 | 144 | |
| Bond funds | -50 | 308 | 550 | 722 | 458 | 832 | 957 | 437 | -34 | 222 | 275 | -311 | 340 | 781 | 992 | 1,608 | 148 | 667 | 337 | -11 | -34 | -356 | 354 | -27 | 433 | 109 | 16 | 257 | 460 | -19 | -145 | -205 | -10 | -143 | -279 | -236 | 87 | |
| Mixed securities funds | -25 | -88 | -43 | 549 | -191 | -163 | 371 | 325 | -323 | 237 | 92 | 91 | 234 | 23 | 320 | 871 | 21 | 95 | 151 | 335 | -102 | -445 | 160 | -3 | -137 | -2 | -234 | 228 | -286 | -627 | -893 | -24 | -843 | -491 | -611 | -252 | -339 | |
| Money market funds | 64 | -83 | -81 | -23 | 344 | 236 | 84 | 65 | -194 | -31 | -48 | -69 | 62 | -44 | 63 | 86 | 520 | 253 | 83 | 184 | 46 | -231 | 56 | 260 | 407 | 285 | 161 | 137 | 220 | 188 | 23 | 141 | 156 | 93 | -130 | 61 | 115 | |
| Real estate funds | -611 | -619 | -336 | -517 | -511 | -668 | -694 | -420 | -848 | -597 | -496 | -576 | -610 | -889 | -249 | -581 | -691 | -870 | -730 | -499 | -611 | -571 | -688 | -477 | -725 | -729 | -241 | -463 | -481 | -455 | -430 | -19 | -182 | -276 | -139 | -115 | -40 | |
| Funds of funds | 424 | 558 | 539 | 624 | 348 | 580 | 660 | 401 | 311 | 275 | 368 | 227 | 222 | 310 | 196 | 178 | 84 | 242 | 278 | 149 | 147 | 113 | 59 | 39 | 58 | 22 | -1 | 10 | -35 | -213 | -77 | -139 | -112 | -44 | -123 | -67 | -79 | |
| Hedge funds | 0 | 0 | 0 | 0 | -14 | 0 | 68 | -8 | -12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||
| Pension investment funds | -2 | 0 | -2 | -1 | -2 | -2 | -2 | -2 | -4 | -2 | -2 | -1 | -2 | 0 | -2 | -2 | -2 | -2 | -3 | -4 | -3 | -3 | -2 | -1 | -2 | -4 | -1 | -2 | -2 | -3 | -2 | -2 | -4 | -2 | -2 | -1 | -1 | |
| Derivative funds | 9 | 8 | 27 | 20 | -1 | -6 | 57 | 8 | 17 | -1 | -37 | 26 | -9 | -10 | -20 | -11 | 77 | 146 | 8 | 6 | 14 | -1 | 15 | 25 | 45 | 49 | 11 | 22 | 11 | 33 | 11 | 14 | 11 | 40 | 4 | 45 | 136 | |
| Other funds | 70 | 203 | 48 | 20 | 30 | 58 | 47 | 243 | 130 | 29 | 39 | 51 | 46 | -170 | -4 | 39 | 179 | 19 | -65 | 48 | 119 | 4 | -14 | -11 | 133 | 31 | -7 | 20 | -37 | -20 | 56 | -56 | -21 | -30 | -46 | -25 | -43 | |
| Special investors funds1 | ||||||||||||||||||||||||||||||||||||||
| Funds total7 | 2,409 | 8,371 | 1,640 | 7,633 | 1,753 | 283 | 2,871 | 5,177 | 22,904 | 8,109 | 11,253 | 2,468 | 5,402 | 3,449 | -1,067 | 814 | 3,689 | 1,669 | 4,260 | 6,761 | 13,119 | 3,616 | 5,006 | -208 | -1,491 | 1,744 | 1,190 | 172 | 9,417 | -1,259 | -363 | 10,839 | 12,506 | -3,865 | -1,186 | 1,411 | 4,720 | |
| Equity funds | -288 | -355 | -75 | -153 | -332 | 387 | -169 | -318 | 1,022 | 1,588 | 854 | 721 | 1,309 | 442 | -567 | -26 | 649 | 406 | -59 | -288 | 460 | 791 | -9 | 840 | -8 | -5,427 | -897 | -432 | 1,540 | -1,322 | -836 | -510 | -387 | -2,255 | -624 | -465 | -1,057 | |
| Bond funds | 782 | 1,587 | 170 | 667 | -356 | 3,993 | 1,210 | 420 | 6,039 | 307 | 296 | 1,218 | 444 | 2,385 | -69 | -63 | 496 | -67 | 3,058 | 1,602 | 831 | -2,639 | -2,293 | -121 | -1,667 | 786 | -70 | -89 | 960 | 586 | 325 | 5,922 | 3,054 | -242 | 673 | 351 | -361 | |
| Mixed securities funds | 1,579 | 2,007 | 2,024 | 5,915 | 1,412 | -5,155 | 1,311 | 1,386 | 9,141 | 1,491 | 7,910 | -76 | 2,309 | -135 | -1,819 | -347 | 1,864 | -146 | 2,995 | 3,729 | 4,792 | 1,825 | 4,839 | -2,437 | 293 | 6,577 | 1,182 | 88 | 6,907 | -1,652 | 158 | 4,116 | 3,737 | -1,807 | -1,044 | 735 | 4,026 | |
| Money market funds | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||||||||||||||
| Real estate funds | 278 | 571 | 111 | 439 | 212 | 355 | 310 | 652 | 709 | 812 | 358 | 89 | 191 | 205 | 53 | 627 | 362 | 403 | 137 | 828 | 1,061 | 1,083 | 588 | 1,016 | 256 | 233 | 442 | 407 | 814 | 388 | 443 | 688 | 1,588 | 369 | 404 | 698 | 761 | |
| Funds of funds | -250 | 4,145 | -27 | 498 | 603 | 207 | 173 | 1,090 | 5,442 | 2,663 | 767 | 304 | 406 | 1,879 | 3,206 | 100 | 366 | 781 | -113 | 722 | 5,295 | 2,355 | 629 | 573 | -190 | 296 | 279 | 286 | -843 | 60 | 148 | 900 | 4,038 | 420 | -400 | 122 | 986 | |
| Other funds | 283 | 475 | -616 | 257 | 100 | 486 | 35 | 1,895 | 558 | 1,228 | 955 | 197 | 709 | -1,466 | -1,886 | 512 | -34 | 269 | -1,774 | 63 | 566 | 232 | 1,482 | -157 | -259 | -374 | 161 | -109 | 152 | 634 | -608 | -267 | 447 | -349 | -197 | -60 | 362 | |
| Closed-end funds1 | ||||||||||||||||||||||||||||||||||||||
| Funds total1 | 596 | 709 | 974 | 462 | 883 | 294 | 198 | 1,035 | 208 | 206 | 801 | 344 | 653 | 421 | 0 | 401 | 613 | 526 | -402 | 660 | 1,285 | 279 | 283 | 252 | 829 | -35 | 643 | 222 | 293 | 204 | 97 | 518 | 374 | 1,187 | 539 | 113 | 294 | |
| Real estate funds | 37 | 9 | 14 | 101 | 42 | 12 | -47 | -25 | -210 | -29 | -63 | 117 | 36 | 29 | 51 | -83 | 223 | -22 | 39 | 71 | 67 | -46 | 49 | -12 | 106 | -82 | 147 | 89 | 34 | 47 | 45 | 0 | 160 | 83 | 16 | 87 | 13 |
Latest reading
The series on this page is monthly and runs from Jan 1950 to Aug 2026. Source: Deutsche Bundesbank.
About this data
Germany's investment fund assets and net sales, published monthly by the Deutsche Bundesbank. The table details total assets under management in EUR million and new money flows across different fund types. Breakdowns include equity funds, bond funds, real estate funds, money market funds and hedge funds. The data is available since 1948, allowing analysts to separate growth coming from investors versus markets over time.
Frequently asked questions
- What is the latest figure for Germany investment fund assets and sales?
- Funds total stood at 845,784 EUR million in Aug 2026. That is +1.3% from Jul 2026 and +14.0% from a year earlier.
- Is Germany investment fund assets and sales at a high or a low right now?
- The reading of 845,784 EUR million is the highest in data going back to Jan 1950.
- How far back does the Germany investment fund assets and sales data go?
- The series on this page is monthly and runs from Jan 1950 to Aug 2026. Source: Deutsche Bundesbank. Every series in the table can be charted over its full history and downloaded as CSV or Excel.
- What do Germany investment fund statistics measure?
- Germany investment fund statistics measure the total assets under management and the net sales of German investment funds. Net sales represent new money invested minus redemptions, separating investor flows from market growth.
- Which types of German investment funds are tracked?
- The data includes total funds and breakdowns by fund type. These cover equity funds, bond funds, mixed securities funds, money market funds, real estate funds, hedge funds and pension investment funds.
- In what units are the German investment fund assets reported?
- Both the assets under management and the net sales of German investment funds are reported in EUR million. This allows for direct comparison of total stocks and monthly investor flows.