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M* Says Investors Favored Passive, Defensive Funds In July

TedTed
in Fund Discussions
FYI: U.S. ETF and mutual fund investors favored bonds over stocks and domestic over international while continuing a long-term trend towards passive management in July.

According to Chicago-based Morningstar, $32.1 billion flowed into U.S. open-ended, long-only funds in July, compared to $22.1 billion in outflows during June.
Regards,
Ted
https://www.fa-mag.com/news/investors-favored-passive--defensive-funds-as-they-returned-to-the-markets-in-july-40458.html?print

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