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Lipper: Chart Of The Week: Healthcare Fund Flows Mirror The Rocky Road Of Healthcare Legislation

TedTed
in The Bullpen
FYI: Since passage of new healthcare legislation (will they or won’t they?) has dominated this week’s news cycle, I want to review how the uncertainty of the direction of our healthcare system since the start of the presidential election cycle has impacted healthcare mutual funds. The short and quick answer is, not for the good. Since the end of 2015 healthcare funds have suffered net outflows for 69 of the last 71 weeks and have seen their coffers shrink $21.4 billion since the end of 2015. To put this slump in perspective, the group was coming off five consecutive years of positive net flows (+$24.9 billion total) when the slump started in 2016, and the previous largest annual net outflow was $5.4 billion for 2006.
Regards,
Ted
http://lipperalpha.financial.thomsonreuters.com/2017/03/chart-of-the-week-healthcare-fund-flows-mirror-the-rocky-road-of-healthcare-legislation/?utm_campaign=Newsletter_LipperAlphaInsight_FundInsightsWeeklyUpdate&utm_content=Newsletter_FundsInsightWeekly_28March2017&utm_medium=Lipper&utm_source=Lipper
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