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MFO Ratings Updated Through June 2017 ... US Near 10,000 Funds!
All ratings have been updated on MFO Premium site, including MultiSearch, Great Owls, Fund Alarm (Three Alarm and Honor Roll), Averages, Correlation, Dashboard of Profiled Funds, and Fund Family Scorecard.
We started rating Money Market funds this month. If for no other reason then to help track asset flows. Using similar reasoning, we also now include funds that are just one month old.
Lipper tracks 11 categories under the "Money Market" SubType (umbrella): Money Market, Money Market Instl, Money Market Tax-Exempt, Money Market Instl Tax-Exempt, Money Market U.S. Government, Money Market Instl U.S. Government, Money Market U.S., Treasury, Money Market Instl U.S. Treasury, Money Market California Tax-Exempt, Money Market New York Tax-Exempt, and Money Market Other States Tax-Exempt.
So, we now rate all US funds in Lipper database, which reflects 155 fund categories.
A quick breakout for month ending June ...
No. of Funds (All Share Classes): 29,322
No. of Funds (Oldest Share Class): 9,841
No. of Funds (Oldest Share Class) by SubType:
No. of ETFs: 2,000
No. of Fund of Funds: 1,266
No. of ETF Fund of Funds: 110
Assets Under Management ($B): 20,227
Assets Under Management ($B), excluding Fund of Funds: 18,694
Assets Under Management ($B) by SubType:
Fidelity manages the largest Money Market AUM by far with $457B, then JP Morgan $249B, Vanguard $213B, and Blackrock $201B.
@Charles: I'm glad to see so many funds, although 9,500 wouldn't be missed ! That gives some MFO Members a greater number of funds to collect ! Regards, Ted
chip has posted the 2Q ratings to the main site Search Tools page. These legacy tools are updated quarterly and include Great Owls, Fund Alarm, and Dashboard of Profile Funds.
Comments
We started rating Money Market funds this month. If for no other reason then to help track asset flows. Using similar reasoning, we also now include funds that are just one month old.
Lipper tracks 11 categories under the "Money Market" SubType (umbrella): Money Market, Money Market Instl, Money Market Tax-Exempt, Money Market Instl Tax-Exempt, Money Market U.S. Government, Money Market Instl U.S. Government, Money Market U.S., Treasury, Money Market Instl U.S. Treasury, Money Market California Tax-Exempt, Money Market New York Tax-Exempt, and Money Market Other States Tax-Exempt.
So, we now rate all US funds in Lipper database, which reflects 155 fund categories.
A quick breakout for month ending June ...
No. of Funds (All Share Classes): 29,322
No. of Funds (Oldest Share Class): 9,841
No. of Funds (Oldest Share Class) by SubType:
No. of ETFs: 2,000
No. of Fund of Funds: 1,266
No. of ETF Fund of Funds: 110
Assets Under Management ($B): 20,227
Assets Under Management ($B), excluding Fund of Funds: 18,694
Assets Under Management ($B) by SubType:
Fidelity manages the largest Money Market AUM by far with $457B, then JP Morgan $249B, Vanguard $213B, and Blackrock $201B.
Regards,
Ted