The Investment Company Institute is the national association of U.S. investment companies, including mutual funds, closed-end funds, exchange-traded funds (ETFs), and unit investment trusts (UITs). Members of ICI manage total assets of $11.82 trillion and serve nearly 90 million shareholders. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.
Domestic equity funds had estimated outflows of over $4 billion and taxable bonds had estimated inflows of over $5 billion in the week ending 7/7/10. So far in 2010, taxable bonds have had net inflows of over $144 billion while domestic equity funds have had net outflows of over $23 billion. Municipal bond funds, foreign equity funds, and hybrid funds have all had modest inflows for the year.
