LQD - Investors Return To Equity Funds As Overall Fund Inflows Hit Highest Total In Over A Year
- For the fourth consecutive month, mutual fund investors were net purchasers of fund assets, injecting $181.2 billion into the conventional funds business for March.
- Fixed income funds (+$41.2 billion) witnessed net inflows for the eleventh month in a row, while money market funds (+$128.8 billion) experienced net inflows for the second month.
- For the first month in three, investors were net purchasers of stock and mixed-assets funds (+$11.2 billion).
- APs were net purchasers of ETFs, injecting $87.8 billion for March, for the nineteenth month of consecutive inflows.
- And, for the twelfth month in a row, fixed income ETFs (+$14.2 billion for March) attracted net new money, while investors padded the coffers of stock and mixed-assets ETFs (+$73.6 billion), their thirteenth straight month of net inflows.
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Investors Return To Equity Funds As Overall Fund Inflows Hit Highest Total In Over A Year