98
socially responsible manner (DMVI). Initially
the share of the UCIs in the Belgian mar-
ket was limited: the sustainable investment
funds (DMVI-UCIs) represented 1% of all
UCIs commercialised in Belgium. Between
2004
and 2010, the share of the sustain-
able investment funds increased in the Bel-
gian market to 6.72% at the end of 2010 (i.e.
an amount of €8.19 billion). Between 2004
and 2006 especially, a clear rise was notice-
able, largely due to the fact that UCIs that
satisfied the conditions received the label of
sustainable investment fund in that period.
In addition, the managers of sustainable invest-
ment funds strongly promoted these products.
In the period between 2007 and 2009, nearly
a quarter of the growth could be realised an-
nually thanks to fresh capital invested in
0
1
2
3
4
5
6
7
8
9
10
Q2 2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
1.08
0.89% 0.95%
1.46%
2.44%
3.23%
4.36%
5.44%
6.32%
6.72% 6.76%
6.08%
1.24
2.07
4.07
5.63
7.38
6.39
7.80
8.19
7.06
6.24
0
1
2
3
4
5
6
7
■
Net assets (Bill. EUR)
■
%
Market
0
50
100
150
200
250
Q2 2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
29
32
37
57
81
125
179
219
232
173
40
■
Number
EVOLUTION OF NET ASSETS OF SUSTAINABLE FUNDS
EVOLUTION OF THE NUMBER OF SUSTAINABLE FUNDS
(
SOURCE: BEAMA)
(
SOURCE: BEAMA)
5.
>
PRODUCTS