MutualFundWire.com: Proportional Inflows Fall Tenfold In a Month

MutualFundWire.com

The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication

Wednesday, February 23, 2022

Proportional Inflows Fall Tenfold In a Month

Last month, proportional monthly industry inflows fell nearly tenfold month-over-month and nearly elevenfold year-over-year.

Matthew "Matt" Tuttle
Tuttle Capital Management LLC
CEO, Chief Investment Officer

This article draws from Morningstar Direct data on January 2022 open-end mutual fund and ETF flows, excluding money-market funds and funds of funds. (Other asset management products, like CITs and SMAs are also not included.)

Tuttle Capital Management's SARK ETF took the lead last month, thanks to an estimated $182 million per fund in net January 2022 inflows. Other big inflows winners included: Edgewood, $171 million per fund (up M/M from $157 million per fund in December 2021 outflows, up Y/Y from $91 million per fund in January 2021 outflows); Edward Jones' Bridge Builder, $89 million per fund (down M/M from $166 million per fund, up Y/Y from $83 million per fund); River Canyon, $60 million per fund (up M/M from $22 million per fund, down Y/Y from $103 million per fund); and Bessemer's Old Westbury, $55 million per fund (down M/M from $71 million per fund, up Y/Y from $28 million per fund).

On the flip side, Independent Franchise Partners took the outflows lead last month, thanks to an estimated $186 million per fund in net January 2022 outflows, down M/M from $3 million per fund in December 2021 inflows but up Y/Y from $7 million per fund in January 2021 outflows. Other big January 2022 outflows sufferers included: Primecap, $129 million per fund (down M/M from $275 million per fund, down Y/Y from $187 million per fund); Ark, $72 million per fund (down M/M from $151 million per fund, down Y/Y from $1.172 billion per fund in net inflows); SSGA, $51 million per fund (down M/M from $118 million per fund in net inflows, up Y/Y from $19 million per fund); and Akre, $46 million per fund (up M/M from $43 million per fund, down Y/Y from $111 million per fund).

The whole long-term, U.S. mutual fund and ETF industry brought in an estimated $214,000 per fund in net inflows in January 2022. That's down M/M from $2.098 million per fund in December 2021 and down Y/Y from $2.307 million per fund in January 2021.

Printed from: MFWire.com/story.asp?s=64045

Copyright 2022, InvestmentWires, Inc.
All Rights Reserved