Lipper U.S. Mutual Funds And ETPs Q3 2018 Snapshot

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Includes: BBJP, CMIEX, FCTDX, FGNSX, FIYY, FSWCX, IEFA, USMC, XLC
by: Tom Roseen

Summary

TNA in the conventional funds business (not including ETPs and variable insurance products) advanced, climbing $538.8 billion from Q2 2018 to $19.436 trillion for Q3 2018.

Total net assets (TNA) in U.S. exchange-traded products (ETPs) rose 5.72% from $3.534 trillion for Q2 2018 to a little over $3.736 trillion for Q3 2018.

For Q3 actively managed funds, excluding money market funds, handed back $36.2 billion net, while their passively managed counterparts attracted some $114.6 billion.

The large-cap funds macro-group witnessed the largest absolute increase (+$112.7 billion) in TNA, rising 5.20% to $2.278 trillion, as investors turned their attention to U.S.-focused large-cap securities.

The U.S. diversified equity ETPs macro-group experienced the largest absolute increase (+$62.9 billion) in TNA for Q3,jumping 9.71% to a little less than $710.7 billion under management.

In this issue of Lipper’s U.S. Mutual Funds & Exchange-Traded Products Snapshot we feature a summary of total net assets (NYSEARCA:TNA), estimated net flows, new fund creations, and fund liquidations for conventional funds and exchange-traded products (ETPs) for Q3 2018, comparing the changes to those of prior quarters and highlighting the largest individual gainers and losers of both groups. The Snapshot provides readers a powerful, easy-to-use guide and quick-reference tool to help them discern fund trends during the quarter.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.