Mutual Fund Assets to GDP for Australia (DDDI07AUA156NWDB)

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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