Bond mutual funds have seen persistent negative net cash flows, and YTD flows are now about $40 billion lighter versus tallies recorded just one month ago.
Despite dismal equity market performance, domestic equity ETFs saw positive cash flows for the week ended 10/15. Alternatively, domestic equity mutual funds and foreign-focused equity ETFs experienced net cash outflows.
Net cash outflows continued this week for domestic equity funds, while bond and money market funds captured net inflows.
Both domestic equity mutual funds and ETFs experienced strong net cash outflows for the week, while money market funds scooped up net cash inflows amounting to nearly $20 billion.
Domestic and foreign-focus equity mutual funds experienced net cash outflows for the week, while domestic equity ETFs and bond mutual funds captured positive cash flows.
After slightly negative net flow last week, domestic equity ETFs' cash flow was strong this week with large caps leading the way.
After four weeks of inflows, domestic equity ETF flows turned slightly negative. Cash inflows continue at a steady pace into foreign focus ETFs and mutual funds.
Net cash continues to flow out of U.S. focus equity mutual funds while inflows to foreign focus equity mutual funds remain steady.
Data revisions to last week’s data reveal positive net cash flows for domestic equity mutual funds for the first time since April.
Domestic equity mutual fund flows remain negative but have decelerated for two consecutive weeks. Bond mutual fund net cash inflows have also resumed after a large net outflow was recorded two weeks prior.