MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, March 16, 2010 ETFs Rebound While Stock Funds Flop Domestic stock funds experienced $3.7 billion in outflows in the month of February, according to a Morningstar report. Associate director of fund analysis Sonya Morris reported that all other major asset classes took in new assets in February, but that domestic stock funds were unable to make the turnaround despite net inflows in January -- the first positive shift in the past six months. Meanwhile, Morningstar also reported that exchange-traded funds (ETFs) experienced the opposite trend. After outflows of roughly $16.7 billion in January, ETFs ended February with $746.9 billion in assets -- up 2.4 percent from December 2009 figures. Printed from: MFWire.com/story.asp?s=31666 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |