Thursday, April 9, 2009

Mutual Funds Report $11.9 Billion In Inflows For Week Of April 8: Throwing Fuel Into The Rally

Trim Tabs has released its weekly mutual fund flow data: the company estimates that all equity mutual funds posted an inflow of $11.9 billion in the week ended Wednesday, April 8, versus a revised inflow of $3.0 billion in the previous week.

Equity funds that invest primarily in U.S. stocks posted an inflow of $11.1 billion, versus a revised inflow of $2.7 billion in the previous week. Equity funds that invest primarily in non-U.S. stocks had an inflow of $844 million, versus a revised inflow of $287 million in the previous week. In addition, bond funds had an inflow of $1.7 billion, versus a revised inflow of $6.8 billion in the previous week, and hybrid funds had an inflow of $361 million, versus a revised inflow of $409 million in the previous week.

Separately, TrimTabs reports that exchange-traded funds (ETFs) that invest in U.S. stocks posted an outflow of $1.4 billion for the second consecutive week. ETFs that invest in non-U.S. stocks had an inflow of $1.9 billion, versus an inflow of $502 million in the previous week.

Sphere: Related Content
Print this post

6 comments:

Anonymous said...

Anyone have a perspective on why equity ETFs have outflows while equity mutual funds show major inflows? Shouldn't they be somewhat positively correlated?

Anonymous said...

i told you the last time you posted this that real money was chasing the rally

Anonymous said...

Equity ETF = Smart Money

Equity Mutual Funds = Dumb Money

Anonymous said...

"Equity Mutual Funds = Dumb Money"

Retail, coming home to papa.




"Equity ETF" - Luke Warm Money.

Anonymous said...

So, if the entire combined market cap of all U.S. exchanges is currently around $30 trillion, this should drive stock prices up approximately 0.04%...

No, my dear Watson, there must be another explanation!

Anonymous said...

How is it even possible for ETFs to have outflows?