For the first week in three, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $25.3 billion for Lipper's fund flows week ended June 12, 2019. Fund investors were net purchasers of money market funds (+$12.9 billion), taxable fixed-income funds (+$7.2 billion), equity funds (+$4.4 billion), and municipal bond funds (+$778 million).
Market Wrap-Up
For the fund flows week ended June 12, 2019, the broad-based U.S. indices posted their second consecutive week of plus-side returns, as U.S./Mexico trade tensions declined and a weaker-than-expected nonfarm payrolls report had some