Wednesday, March 23, 2011

Mutual Fund Flow Summary

From the Investment Company Institute (ICI)

March 23, 2011 - Total estimated inflows to long-term mutual funds were $4.68 billion for the week ended Wednesday, March 16, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.
Estimated Flows to Long-Term Mutual Funds
Millions of dollars
  2/16/2011   2/23/2011   3/2/2011   3/9/2011   3/16/2011
Total Equity 6,420 2,531 -2,112 -168 582
  Domestic 5,181 1,499 -3,203 -1,102 -1,307
  Foreign 1,239 1,031 1,091 934 1,889
Hybrid 1,979 1,489 1,178 1,492 1,220
Total Bond 95 3,871 4,071 3,253 2,875
  Taxable 1,549 4,428 4,782 3,934 3,493
  Municipal -1,454 -557 -711 -681 -618
Total 8,494 7,891 3,137 4,577 4,677
Equity funds had estimated inflows of $582 million for the week, compared to estimated outflows of $168 million in the previous week. Domestic equity funds had estimated outflows of $1.31 billion, while estimated inflows to foreign equity funds were $1.89 billion.
Hybrid funds, which can invest in stocks and fixed income securities, had estimated inflows of $1.22 billion for the week, compared to estimated inflows of $1.49 billion in the previous week.
Bond funds had estimated inflows of $2.88 billion, compared to estimated inflows of $3.25 billion during the previous week. Taxable bond funds saw estimated inflows of $3.49 billion, while municipal bond funds had estimated outflows of $618 million.