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Trump’s Infrastructure Vow Reverses Mutual Fund And ETF Outflows
FYI: It’s not just U.S. President Donald Trump who’s bullish on infrastructure investing.
Mutual and exchange-traded funds dedicated to building and upgrading roads, bridges, airports and other projects attracted more than $450 million from November through January, the biggest three-month period in almost two years, according to Morningstar Inc. The inflows reversed redemptions during 15 of the 16 months prior to last year’s fourth quarter. Regards, Ted https://www.bloomberg.com/news/articles/2017-02-14/trump-s-infrastructure-vow-reverses-mutual-fund-and-etf-outflows