FYI: LIPPERU.S. Mutual Funds & ETPs Q3 2019 SnapshotSEPTEMBER 2019• U.S. investors pushed equity funds to their first negative quarterly performance in three as slowing global growth, trade disputes, and clashes between Democrats and Republicans led to increased market volatility during the quarter. For Q3 2019, the average equity fund posted a 0.69% loss, with Lipper’s World Sector Equity Funds macro-classification (+0.56%) outpacing the other six major equity groups for the first quarter in 14. • Total net assets (TNA) in the conventional funds business (not including exchange-traded products [ETPs] and variable insurance products [VIPs]) rose 1.43%, increasing $286.5 billion from Q2 2019 to just a little less than $20.523 trillion for Q3 2019.
Regards,
Ted
https://lipperalpha.refinitiv.com/wp-content/uploads/2019/10/Mutual-Funds-and-ETF-Snapshot-Q3-2019.pdf
