- For the first month in three, mutual fund investors were net purchasers of fund assets, injecting $44.6 billion into conventional funds for August.
- Fixed income funds (+$38.9 billion for August) witnessed net inflows for the sixteenth month in a row, while money market funds (+$23.8 billion) experienced net inflows.
- For the fifth straight month, investors were net sellers of stock & mixed-assets funds (-$18.1 billion).
- APs were net purchasers of ETFs, injecting $68.4billion for August, for their twenty-fourth month of consecutive inflows.
- For the seventeenth month in a row, fixed income ETFs (+$19.5 billion for August) attracted net new money, while investors padded the coffers of stock & mixed-assets ETFs (+$48.9 billion), their fifteenth straight month of net inflows.
For further details see:
Investors Prefer Large-Cap ETFs Over Large-Cap Funds In August