- For the first month in seven, mutual fund investors were net purchasers of fund assets, injecting $87.1 billion from the conventional funds business for December.
- Fixed income funds (+$77.2 billion for December, a monthly record) witnessed net inflows for the eighth month in a row, while money market funds (-$2.5 billion) suffered net outflows.
- For the first month in 23, investors were net purchasers of stock & mixed-assets funds (+$12.4 billion).
- For 2020, APs injected $489.8 billion into ETFs. APs were net purchasers of ETFs, injecting $57.1 billion for December, for the sixteenth month of consecutive inflows.
- And, for the ninth month running, fixed income ETFs attracted some $16.5 billion, while investors padded the coffers of stock & mixed-assets ETFs (+$40.6 billion), their seventh straight month of net inflows.
For further details see:
For 2020, Conventional Equity Funds Suffered Net Redemptions Of $664 Billion