FYI: In with mutual funds and out with ETFs. That’s the direction new cash flowed during the week that ended Wednesday, with investors in U.S.-based stock funds pouring net new cash into mutual funds and pulling it out from exchange-traded funds over the same period, according to data from Thomson Reuters’ Lipper service.
Mutual fund investors put $1.06 billion in new cash to work in stock funds through the week that ended Oct. 22, vs the $9.23 billion investors yanked from ETFs.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2014/10/24/investors-pour-1-06b-into-u-s-based-stock-mutual-funds-lipper/tab/print/
