MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Lipper: Fund And ETF Investors Still In Risk-Off Mode

TedTed
in The Bullpen
FYI: Despite the U.S. broad-based indices hitting new closing highs last week and the average equity mutual fund returning 19.03% year to date, equity mutual funds (including ETFs) continue to suffer from net redemptions. Year to date (YTD) through the week ended November 6, 2019, investors have redeemed a net $149.9 billion from equity funds.

And even with stingy yields on the fixed income side of the universe, YTD investors continue to plow money into taxable fixed income funds (+$239.7 billion) and municipal bond funds (+$77.0 billion). That said, the average taxable fixed income fund has posted an eye-popping 7.49% return YTD, while its tax-exempt counterpart returned 5.69% over the same period.
Regards,
Ted
https://lipperalpha.refinitiv.com/2019/11/fund-and-etf-investors-still-in-risk-off-mode/?utm_source=Eloqua&utm_medium=email&utm_campaign=00008DM_NewsletterLipperAlphaInsightFundInsightsWeekly_Other&utm_content=Newsletter_FundsWeekly_11Nov2019&elqTrackId=f539e3ca19fc43feb4b04e89aa28a9e7&elq=50eb3dcfbbec4287a9148daafc846120&elqaid=56209&elqat=1&elqCampaignId=166
Sign In or Register to comment.