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Fund Flows

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..

Another $6 billion in new money was added to taxable bond funds in the week ending 8/24/10.  Domestic equity funds continued to see outflows, losing nearly $3 billion.  The massive influx of money into taxable bonds in 2010 now totals more than $166 billion, while domestic equity funds have had outflows of over $33 billion.  Municipal bonds, hybrids, and foreign equity funds have all had modest inflows for the year.