Lipper: U.S. Weekly FundFlows Insight Report:

Ted

FYI: The major broad-based indices rallied to new record highs on each of the five trading days during the fund-flows week ended February 15, 2017. Investors cheered President Donald Trump’s commitment to roll out his tax plan in the coming weeks, extending the market rally that has been ongoing since his election in November. Banks and industrial stocks have fared well, with investors betting that greater deregulation and tax cuts, along with a rising-interest-rate environment and massive infrastructure development will be a boon for investors and the economy. For the fourth consecutive week fund investors were net purchasers of fund assets (including those of conventional funds and exchange-traded funds [ETFs]), injecting $14.3 billion. While investors were net redeemers of money market funds (-$2.6 billion), they were net purchasers of equity funds (+$11.5 billion), taxable bond funds (+$4.9 billion), and municipal bond funds (+$480 million).
Regards,
Ted
http://lipperalpha.financial.thomsonreuters.com/2017/02/u-s-weekly-fundflows-insight-report-for-the-fourth-week-in-a-row-fund-investors-inject-net-new-money-into-conventional-funds-and-etfs/?utm_source=Eloqua&utm_medium=email&utm_campaign=Newsletter_LipperAlphaInsight_FundInsightsWeeklyUpdate&utm_content=Newsletter_FundsWeekly_February21&elqTrackId=482857A8E1D5C966BB27D5C5CAADFFBF&elq=d9b586cf63b64badbd9cb2b12798b191&elqaid=4712&elqat=1&elqCampaignId=166