- Despite a horrible first quarter in 2020, when the average equity and fixed income fund (including ETFs) lost 22.33% and 4.56%, respectively, both asset classes were able to finish the year on strong footing.
- For 2020, equity ETFs took in $196.7 billion, while their taxable and tax-exempt fixed income counterparts attracted $178.7 billion and $12.0 billion, respectively.
- Conventional fixed income funds continued to attract net new money during 2020, with taxable bond funds taking in $105.6 billion and tax-exempt bond funds attracting some $26.9 billion.
For further details see:
Year-End Rotation Into Out-Of-Favor Issues?