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ICI reports estimated Long-Term Mutual Fund flows

Equity funds had estimated outflows of US$1.08bn for the week, compared to estimated inflows of US$762mn in the previous week.

May 22, 2014 10:11 IST | India Infoline News Service
Total estimated inflows to long-term mutual funds were $4.06 billion for the week ended Wednesday, May 14, 2014, the Investment Company Institute reported.
 

Estimated Flows* to Long-Term Mutual Funds
Millions of dollars
  4/16/2014 4/23/2014 4/30/2014 5/7/2014 5/14/2014
Total equity 2,286 3,530 -3,890 762 -1,079
  Domestic 634 1,392 -3,996 -1,879 -2,322
  World 1,652 2,138 106 2,641 1,242
Hybrid 1,186 1,239 759 -402 1,145
Total bond 633 1,984 888 5,548 3,991
  Taxable 604 1,453 559 4,472 3,094
  Municipal 29 531 329 1,076 897
Total 4,105 6,753 -2,242 5,908 4,057
* Flow estimates are derived from data collected covering 98% of industry assets.

 

Equity funds had estimated outflows of $1.08 billion for the week, compared to estimated inflows of $762 million in the previous week. Domestic equity funds had estimated outflows of $2.32 billion, and estimated inflows to world equity funds were $1.24 billion.


Hybrid funds, which can invest in stocks and fixed-income securities, had estimated inflows of $1.15 billion for the week, compared to estimated outflows of $402 million in the previous week.


Bond funds had estimated inflows of $3.99 billion, compared to estimated inflows of $5.55 billion during the previous week. Taxable bond funds saw estimated inflows of $3.09 billion, and municipal bond funds had estimated inflows of $897 million.


Notes: Weekly cash flows are estimates that represent industry totals, based on reporting covering 98 percent of industry assets. Actual net new cash flows are collected on a monthly basis and reported in ICI’s “Trends in Mutual Fund Investing”; therefore, there are differences between these weekly estimates and the monthly flows. Data for previous weeks reflect revisions due to data adjustments, reclassifications, and changes in the number of funds reporting. Historical flow data are available on the ICI website.

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