For the thirteenth consecutive week, investors were overall net purchasers of fund assets (including those of conventional funds and ETFs), injecting $10.6 billion for Lipper’s fund-flows week ended May 27, 2020. Fund investors were net purchasers of taxable fixed income funds (+$12.5 billion) and municipal bond funds (+$1.1 billion), while being net redeemers of equity funds (-$2.9 billion) and money market funds (-$41 million, the group’s second consecutive week of net redemptions) this week. Tom Roseen highlights the weekly flows trends for both conventional funds and ETFs in this video series.
