France securities in custody: investment fund shares
France securities in custody: investment fund shares stood at 2,478.78 EUR billion in Q1 2026, according to Banque de France – Webstat (webstat.banque-france.fr). It is one of the indicators in the Securities held by residents table (Value · Quarterly), with a complete series running from Q1 2008 to Q1 2026. The complete series with an interactive chart, free to download.
This indicator in the Securities held by residents table
| Indicator | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All securities | 12,107.27 | 12,155.25 | 11,956.01 | 12,397.17 | 12,053.48 | 11,809.7 | 11,645.57 | 11,278.51 | 11,457.23 | 11,001.08 | |
| Investment fund shares | 2,478.78 | 2,473.62 | 2,400.42 | 2,334.06 | 2,249.39 | 2,278.47 | 2,187.38 | 2,126.72 | 2,088.91 | 2,026.68 | |
| Foreign debt securities | 2,151.93 | 2,144.01 | 2,127.96 | 2,259.5 | 2,086.5 | 1,953.57 | 1,926.78 | 1,828.46 | 1,853.94 | 1,828.73 |
Understanding france securities in custody: investment fund shares
Units and shares in collective investment undertakings, mutual funds, and alternative investment funds held within domestic custody accounts represent the focus of this measure. This category isolates indirect, pooled investment vehicles from direct corporate equities and standalone debt securities. Excluded from this tally are individual shares and direct bonds, focusing entirely on diversified collective portfolios.
Interpreting these figures requires tracking net asset value dynamics, where fund manager portfolio performance and asset price movements heavily influence the aggregate independently of investor subscription trends. Early estimates undergo periodic revisions as fund administrators finalize net asset value calculations and report updated holdings. Comparing periods twelve months apart helps eliminate seasonal portfolio rebalancing patterns and annual dividend crystallization dates. Analysts should avoid assuming that growth in fund custody values reflects active retail fund-raising without checking underlying asset price indices.
Frequently asked questions
- What instruments constitute investment fund shares in custody?
- This category includes units in mutual funds, UCITS, and various alternative collective investment structures.
- Are direct corporate bonds included in this pooled fund metric?
- No, standalone debt securities are tracked under separate fixed-income custody classifications.
- How do portfolio valuations affect this series?
- Changes in the underlying market value of assets held inside the funds directly adjust the reported custody aggregate.