MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Thursday, April 8, 2010 Bond Funds Carry the Inflow Streak Forward Mutual fund flows are rolling along steadily. The market has been treated to consecutive weekly inflows for over a year, including an estimated $5.76 billion influx in the week ended March 31. The Wall Street Journal reported on the trend Thursday, citing numbers from the Investment Company Institute (ICI). Consistent with recent trends, bond fund activity was responsible for much of the week's inflows, with low interest rates making them an appealing investment. Bond funds took in $4.5 billion, which was down from $8.66 billion the week before, yet was still much higher than stock funds, which took in $408 million in the latest week and $260 million the prior week. Hybrid funds saw inflows of about $861 million, compared with $503 million the week earlier. Money-market funds are still taking a hit, as they have been for six weeks straight, with $13.46 billion in outflows in the most recent week and $188.95 billion over the six week period. Printed from: MFWire.com/story.asp?s=31873 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |