For the second week in three fund investors were net purchasers of fund assets (including those of conventional funds and exchange-traded funds [ETFs]), injecting $1.9 billion. While investors were net redeemers of equity funds, pulling out $2.1 billion for the week, they were net purchasers of taxable bond funds (+$2.2 billion), money market funds (+$1.2 billion), and municipal bond funds (+$0.6 billion).Tom Roseen highlights the weekly flows trends for both conventional funds and ETFs in this video series.
