Industry flows rebounded last week, thanks to ETF inflows more than tripling, according to the latest data from the folks at a mutual fund industry trade group.

Today, the Investment Company Institute (ICI) team reports that an estimated $23.783 billion net flowed into ETFs and long-term mutual funds for the week ended August 13. (Money market fund flows are not included.) That's a $28.795-billion net flows improvement week-over-week, from the week ended on August 6.

Traditional long-term, open-end mutual funds suffered an estimated $17.61 billion in net outflows for the week ended August 13, according to the ICI folks, up by $598 million W/W. Meanwhile, ETFs brought in an estimated $41.393 billion in net inflows last week, up by $29.392 billion W/W.

Bond funds and ETFs were the biggest winners again last week. Per ICI's data, $13.402 billion net flowed into bond funds in the week ended August 13, down by $1.069 billion W/W. $12.945 billion of that (down by $360 million W/W) went into taxable bond funds, while $456 million (down by $710 million W/W) went into municipal bond funds.

Equity funds and ETFs brought in an estimated $8.444 billion in net inflows for the week ended August 13, up by $26.682 billion W/W. More specifically, $3.116 billion net flowed into domestic equity funds (up by $22.536 billion W/W), while $5.328 billion net flowed into world equity funds (up by $4.146 billion W/W).

Commodity funds and ETFs brought in an estimated $2.895 billion in net inflows for the week ended August 13. That's up by $3.053 billion W/W.

On the flip side, hybrid funds and ETFs suffered an estimated $957 million in net outflows for the week ended August 13. That's down by $130 million W/W. 

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