For the third week running, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $38.9 billion for Lipper’s fund-flows week ended December 11, 2019. Fund investors were net purchasers of money market funds (+$39.0 billion), taxable fixed income funds (+$5.6 billion), and municipal bond funds (+$1.6 billion). However, they were net redeemers of equity funds (-$7.1 billion) this week. Tom Roseen highlights the weekly flows trends for both conventional funds and ETFs in this video series.
