FYI: When investors flee funds during a downturn, they don’t always return when the market bounces back.
The mutual fund industry received mixed news in the Investment Company Institute’s latest survey of fund assets and new flows, as the combined assets of U.S. mutual funds increased by $946.6 billion, or 5.3 percent, to $18.65 trillion in the month of January from a December 2018 total of $17.7 trillion
Regards,
Ted
https://www.fa-mag.com/news/mutual-funds-add--947-billion-in-assets-in-january-43551.html?print
