Fund Allocations (Cumulative), 8/31/23
There were noticeable shifts away from stocks into m-mkt funds. The changes for OEFs + ETFs were based on a total AUM of about $32.35 trillion in the previous month, so +/- 1% change was about +/- $323.5 billion. Also note that these changes were from both fund inflows/outflows & price changes. #Funds #OEFs #ETFs #ICI
OEFs & ETFs: Stocks 58.67%, Hybrids 4.87%, Bonds 18.89%, M-Mkt 17.57%
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