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Friday, March 11, 2022 Industry Outflows Return, But ... Industry outflows returned this week, thanks to money funds and bonds. Yet stock funds had a good week.
Equity funds brought in $12.5 billion in net inflows this week, up from $1.8 billion last week. On the flip side, money market funds suffered $26.2 billion in net outflows this week, taxable bond funds suffered $5.8 billion in net outflows, and tax-exempt bond funds suffered $662 million in net outflows. Equity ETFs brought in $18.7 billion in net inflows this week, their fifth week of net inflows in a row. Yet conventional (i.e. non-ETF equity funds) suffered $6.2 billion in net outflows, their fifth week of outflows in a row. Within conventional equity, domestic equity funds suffered $4.1 billion in net outflows (also their fifth week of outflows in a row), while non-domestic equity funds suffered $2.1 billion in net outflows (their second week of outflows in a row). On the fixed income side, taxable ETFs brought in $446 million in net inflows this week, their third week of inflows in a row. And municipal bond ETFs brought in $572 million in net inflows this week, their fifth week of inflows in six weeks. Conventional taxable fixed income funds suffered $6.2 billion in net outflows this week, their seventh week of outflows in a row. And conventional muni bond funds suffered $1.2 billion in net outflows, their ninth week of outflows in a row. Printed from: MFWire.com/story.asp?s=64115 Copyright 2022, InvestmentWires, Inc. All Rights Reserved |