Report on Mutual Fund and ETF Outflows

March 27, 2009 8:04 am

Domestic Mutual Funds and ETFs continue to show outflows as reported by Trim Tabs. It appears investors are rotating to more conservative investments despite the underlying rally in stocks. See report below.

TrimTabs Estimates All Equity Mutual Funds Post Outflow of $10.7 Billion in Week Ended Wednesday, March 25

Sausalito, CA – March 26, 2009- TrimTabs Investment Research estimates that all equity mutual funds posted an outflow of $10.7 billion in the week ended Wednesday, March 25, versus a revised outflow of $233 million in the previous week.

Equity funds that invest primarily in U.S. stocks posted an outflow of $9.8 billion, versus a revised inflow of $131 million in the previous week. Equity funds that invest primarily in non-U.S. stocks had an outflow of $921 million, versus a revised outflow of $364 million in the previous week. In addition, bond funds had an inflow of $3.5 billion, versus a revised inflow of $5.6 billion in the previous week, and hybrid funds had an outflow of $323 million, versus a revised outflow of $201 million in the previous week.

Separately, TrimTabs reports that exchange-traded funds (ETFs) that invest in U.S. stocks posted an outflow of $5.0 billion, versus an inflow of $891 million in the previous week. ETFs that invest in non-U.S. stocks had an inflow of $1.6 billion, versus an inflow of $126 million in the previous week.

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TrimTabs Investment Research is the only independent research service that publishes detailed daily coverage of U.S. stock market liquidity–including mutual fund flows and exchange-traded fund flows–as well as weekly withheld income and employment tax collections. Founded by Charles Biderman, TrimTabs has provided trading strategies to institutional investors since 1990. For more information, please visit www.TrimTabs.com.

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