Lipper’s fund asset groups (including both mutual funds and exchange-traded funds) recorded net inflows of $29.2 billion for the fund-flows trading week ended Wednesday, December 4. This was the thirteenth week out of the last 14 in which funds took in net new money. All four fund asset groups experienced net positive flows for the second consecutive week, paced by money market funds, which grew their coffers by $22.4 billion. Equity funds, taxable bond funds, and municipal bond funds contributed $5.0 billion, $1.2 billion, and $615 million, respectively, to the week’s total net inflows.
Pat Keon, CFA speaks to the highlights in this week's video.