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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.

No surprise in fund flows for the week ending 8/18/10 as another $6.5 billion in new money went to taxable bond funds while other asset classes either had modest inflows or outflows.   For the year, taxable bond funds have attracted nearly $179 billion in new assets.  Domestic equity funds are at the bottom of the ranks, with nearly $39 billion in redemptions.