Dec 1, 2017
For the fourth week in a row investors were net purchasers of fund assets (including those of conventional funds and ETFs), injecting $37.2 billion. However, the headline number was a little misleading, with investors padding the coffers of money market funds to the tune of $33.1 billion, while equity funds (+$2.4 billion), taxable bond funds (+$1.6 billion), and municipal bond funds (+$100 million) all just managed to attract net new money for the week. Tom Roseen highlights the weekly flows trends for both conventional funds and ETFs in this video series.