Despite Hawkish Comments, Treasury ETFs Attract Net New Money This Week

Sep. 02, 2022 10:40 PM ETBIL, HYG, JPST, LQD, OAZMX, QQQ, SPY, TLT, UINQX, XLF2 Comments
Tom Roseen profile picture
Tom Roseen
1.55K Followers

Summary

  • For the fund flows week, the average equity fund suffered a market loss of 3.79%, while the average taxable and tax-exempt bond funds declined 0.81% and 0.48%, respectively.
  • Investors were overall net redeemers of fund assets (including those of conventional funds and ETFs) for the first week in three, removing a net $30.2 billion - their largest weekly net outflows since June 15, 2022.
  • Fund investors were net redeemers of equity funds (-$10.6 billion), taxable bond funds (-$9.2 billion), money market funds (-$6.9 billion), and tax-exempt fixed income funds (-$3.4 billion) for the week.

ETF Exchange-Traded Funds investment with investor building a portfolio of financial assets on market such as stock, bonds, commodities, currencies. Capital management and finance.

NicoElNino

Equity funds (including ETFs), taxable bond funds, and municipal bond funds took it on their collective chins this week after Federal Reserve Board Chair Jerome Powell made very clear his intent to attack inflation head on during his remarks at the

Weekly estimated net flows

Weekly estimated net flows

Rolling years estimated new flows

This article was written by

Tom Roseen profile picture
1.55K 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 (2)

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.