TrimTabs Investment Research estimates that all equity mutual funds posted an outflow of $43.3 billion million in the week ended Wednesday, Oct. 8, versus an outflow of $7.1 billion in the previous week.
Equity funds that invest primarily in U.S. stocks posted an outflow of $27.3 billion versus an outflow of $3.2 billion in the previous week. Equity funds that invest primarily in non-U.S. stocks had an outflow of almost $16 billion versus an outflow of $3.8 billion in the previous week.
In addition, bond funds had an outflow of $8.8 billion versus an outflow of $8.1 billion in the previous week, and hybrid funds had an outflow of $4.1 billion versus an outflow of $3.8 billion in the previous week.
Separately, TrimTabs reports that exchange-traded funds (ETFs) that invest in U.S. stocks posted an inflow of $4.05 billion versus an inflow of $15.1 billion in the previous week. ETFs that invest in non-U.S. stocks had an outflow of $474 million versus an inflow of $2 billion in the previous week.
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 institutional investors with trading strategies since 1990.
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