- For the second straight month, mutual fund investors were net redeemers of fund assets, withdrawing $94.5 billion from conventional funds for February.
- Fixed income funds (-$32.2 billion for February) witnessed net outflows for the third month in a row while money market funds (-$34.2 billion) suffered net redemptions for the second month running.
- For the eleventh straight month, investors were net sellers of stock & mixed-assets funds (-$28.1 billion).
- APs were net purchasers of ETFs, injecting $70.1 billion for February, for their thirtieth month of consecutive inflows.
- And, for the twenty-second month in 23, fixed-income ETFs (+$10.5 billion for February) witnessed net inflows while investors padded the coffers of stock & mixed-assets ETFs (+$59.6 billion), their twenty-first straight month of net inflows.
For further details see:
Investors Warm To Alternatives Funds And ETFs In February