What Are ETF And Mutual Fund Flows Telling Us?

Sunday, April 29, 2012

What Are ETF And Mutual Fund Flows Telling Us?

Retirement (Photo credit: scottwills)

We often look to the ETF marketplace for clues into the sentiment of investors. A few of the key data points that we review are total assets and fund flows; creations and redemptions, each quarter. Below, as a point of reference, are the top largest ETFs, as measured by total assets, as of the end of the 1^st quarter. The constituents of this list have not changed much in recent quarters.

ETF flow information for the 1^st quarter of 2012, however, tells a very intriguing story. The story for ETFs, in fact, appears to be slightly different than the 2012 YTD story for mutual fund flows. With respect to the latter, stock-based mutual fund outflows rose to $1.19 Billion in February (this marked the 10^th month in a row of net outflows) as flows to bond-oriented mutual funds rose according to Investor’s Business Daily... Continue to read.

1 comment:

UnknownAugust 3, 2012 at 12:48 AM
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Benjamin Graham Was A Crappy Hedge Fund Manager

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www.ritholtz.com

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