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.
This week we saw a sizable decrease in domestic equity outflows from week to week, while taxable bond funds continue to set the pace for inflows. Foreign Equities are also now seeing some pretty steady inflows and are now up to $30 billion in new money for the year.
