Exhibit 3: Geographical Trends in Investement Fund Assets at 2020:Q3 (EUR trillions, end of quarter)

Exhibit 3: Geographical Trends in Investement Fund Assets at 2020:Q3 (EUR trillions, end of quarter)

Measured in U.S. dollars, worldwide investment fund net assets increased to USD 61.1 trillion at the end of Q3 2020. This represented an increase of 5.6 percent. The smaller asset growth measured against the euro reflects the depreciation of the dollar vis-à-vis the euro during Q3 2020.

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EFAMA – EUROPEAN FUND ASSET MANAGEMENT ASSOCIATION

Source of Datas: EFAMA – EUROPEAN FUND ASSET MANAGEMENT ASSOCIATION, page. 2. https://bit.ly/3o5bXEk