Passively Managed Responsible Investing Mutual Funds And ETFs Outdraw Active Counterparts In Q2

Jul. 23, 2021 8:45 PM ETESGU, SUSA, DSI, ESG, SPYX, SDG, ETHO, VEGN, SUSL, LCTU, GRNB, ESGG, SNPE, IVRA, USSG, TOK, NACP, ECLN, ESCR, VEIGX, EFIV, VETS, IQSU, EASG, YLDE, ESGN, JCTR, NUBD, NULC, ESNG, EMSG, JSTC, IQSI, SDGA, LOPP1 Comment
Tom Roseen profile picture
Tom Roseen
1.54K Followers

Summary

  • For Q2 2021, the average equity fund and taxable fixed income fund posted a 6.36% and 1.55% return, respectively.
  • Nonetheless, in a quasi-flight to safety and continued search for yield, bond investors pushed the 10-year Treasury yield down 29 basis points (bps) for Q2 to 1.45%.
  • Long-term funds (equity and fixed income funds and ETFs, excluding money market funds) attracted some $318.7 billion for Q2.

Portfolio management and asset allocation concept : Dollar bag, financial products on balance scale e.g ETFs, REITs, stocks, commodities, bonds, mutual funds, depicts balancing between risk and return
William_Potter/iStock via Getty Images

U.S. investors pushed equity funds to their fifth consecutive quarter of plus-side performance in Q2 2021 as they focused on the reopening of global economies, a commitment by the Federal Reserve Board to keep its easy money

This article was written by

Tom Roseen profile picture
1.54K Followers
Tom Roseen is the Head of Research Services, joining from Janus in 1996. He is the editor and an author of Lipper's U.S. Research Studies, FundFlows Insight Reports and FundIndustry Insight Reports. He is involved in fund analysis and research, and contributes to the monthly and quarterly equity and fixed income FundMarket Insight reports, webcasts and podcasts, where he focuses on domestic and world fund performance and attribution. His areas of expertise include closed-end fund analysis, portfolio evaluation, equity and fixed income fund research, fund flows analysis, after-tax performance and Lipper Leaders. Tom has a BS in finance from Metropolitan State College of Denver and a Master's in International Management from the University of Denver.

Recommended For You

Comments (1)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.