For the third consecutive week, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $14.6 billion for Lipper’s fund-flows week ended August 21, 2019. Fund investors were net purchasers of money market funds (+$22.6 billion), taxable fixed income funds (+$2.8 billion), and municipal bond funds (+$1.6 billion). However, they were net redeemers of equity funds (-$12.2 billion). Tom Roseen highlights the weekly flows trends for both conventional funds and ETFs in this video series.
