Jan 5, 2018
Despite a rather good start for equities in 2018, for the second week in three investors were net sellers of fund assets (including those of conventional funds and ETFs), withdrawing $12.3 billion. Fund investors padded the coffers of taxable bond funds (+$3.3 billion) but were net redeemers of equity funds (-$8.4 billion), money market funds (-$7.1 billion), and municipal bond funds (-$48 million) for the week. Tom Roseen highlights the weekly flows trends for both conventional funds and ETFs in this video series.