- For the third straight month, mutual fund investors were net redeemers of fund assets, withdrawing $64.6 billion from conventional funds for March.
- Fixed income funds (-$47.9 billion) witnessed net outflows for the fourth month in a row, while money market funds (+$6.7 billion) attracted net money for the first month in three.
- For the twelfth straight month, investors were net sellers of stock & mixed-assets funds (-$23.4 billion).
- APs were net purchasers of ETFs, injecting $94.7billion for March, for their fourteenth month of consecutive inflows.
- And, for the second month in a row, fixed income ETFs (+$20.2 billion) witnessed net inflows while investors padded the coffers of stock & mixed-assets ETFs (+$74.6 billion), their twenty-second straight month of net inflows.
For further details see:
Investors Favor Domestic Equity ETFs Over Conventional Funds In March