The Investment Company Institute is the national association of U.S. investment companies, including mutual funds, closed-end funds, exchange-traded funds (ETFs), and unit investment trusts (UITs). Members of ICI manage total assets of $11.82 trillion and serve nearly 90 million shareholders. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.
Taxable bond flows somehow managed to increase their flows from the week before, and have now attracted nearly 3 times as many assets as the next most popular fund. Domestic equity outflows tapered a bit from the week before.