TrimTabs Estimates All Equity Mutual Funds Post Outflow of $31.8 Billion in Week Ended Wednesday, November 12
Sausalito, CA - November 13th, 2008 - TrimTabs Investment Research estimates that all equity mutual funds posted an outflow of $31.8 billion in the week ended Wednesday, November 12, versus an inflow of $2.2 billion in the previous week.
Equity funds that invest primarily in U.S. stocks posted an outflow of $21.3 billion, versus an inflow of $2.3 billion in the previous week. Equity funds that invest primarily in non-U.S. stocks had an outflow of $10.5 billion, versus an outflow of $140 million in the previous week. In addition, bond funds had an outflow of $6.3 billion, versus an inflow of $518 million in the previous week, and hybrid funds had an outflow of $2.2 billion, versus an inflow of $184 million in the previous week.
Separately, TrimTabs reports that exchange-traded funds (ETFs) that invest in U.S. stocks posted an inflow of $3.9 billion, versus inflow of $885 million in the previous week. ETFs that invest in non-U.S. stocks had an outflow $107 million, versus an inflow $2,048 million 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.
See www.TrimTabs.com |
