Source:
World Bank
Release:
Global Financial Development
Units:
Percent, Not Seasonally Adjusted
Frequency:
Annual
Notes:
Ratio of assets of mutual funds to GDP. A mutual fund is a type of managed collective investment scheme that pools money from many investors to purchase securities.
Data taken from a variety of sources such as Investment Company Institute and national sources. (World Bank - Non banking financial database)
Source Code: GFDD.DI.07
Suggested Citation:
World Bank,
Mutual Fund Assets to GDP for Australia [DDDI07AUA156NWDB],
retrieved from FRED,
Federal Reserve Bank of St. Louis;
https://fred.stlouisfed.org/series/DDDI07AUA156NWDB,
March 3, 2021.