Funds flow out of money market, equity funds and into ETFs: Refinitiv Lipper

Outflows from money markets (-$50.5B) and equity funds (-$2.8B) accounted for the week’s overall $45.7B of net outflows for the fund-flows trading week ended Sept. 16, marking the eighth straight week of net negative flows, according to Refinitiv Lipper.

ETFs, though, took in new money, $9.9B, for the fourth straight week, with the net positive flows roughly evenly split between equity (+$5.3B) and taxable bond (+%4.5B) asset groups.

Muni bond ETFs pitched in $110M of positive inflows.

Two S&P 500 ETFs — iShares Core S&P 500 ETF (NYSEARCA:IVV) (+$4.2B) and SPDR S&P 500 ETF (NYSEARCA:SPY) (+$2.4B) — accounted for the most individual net inflows among equity ETFs.

For taxable bond ETFs, net positive flows were led by iShares Short Treasury Bond ETF (NASDAQ:SHV) (+$1.0B) and iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) (+$647M).

Equity mutual funds saw $8.1B of new money leave, the 21st straight week of outflows.

Money markets experienced net outflows in 16 of the last 18 weeks, for total negative flows of $362B. They lost $50.5B of flows this week, the group’s 10th-largest in its history.


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