- For the first month in seven, mutual fund investors were net sellers of fund assets, removing $51.8 billion from conventional funds for June.
- Fixed income funds (+$54.6 billion for June) witnessed net inflows for the fourteenth month in a row, while money market funds (-$77.0 billion) experienced net outflows for the first month in five.
- For the third straight month, investors were net sellers of stock & mixed-assets funds (-$39.4 billion).
- APs were net purchasers of ETFs, injecting $73.3 billion for June, for their twenty-second month of consecutive inflows.
- And for the fifteenth month in a row, fixed income ETFs (+$18.6 billion for June) attracted net new money, while investors padded the coffers of stock & mixed-assets ETFs (+$54.6 billion), their thirteenth straight month of net inflows.
For further details see:
Investors Embrace Bond Funds And ETFs In June