Fund flow statistics are extremely helpful in understanding investor sentiment towards different sections of financial markets. Latest fund flow statistics available, for the week ending 9th June, from ETF.com
Inflows –
- Looking at the week’s fund flow, risk affinity is clearly visible, however some risk aversion or rather caution can also be seen.
- iShares Core MSCI Emerging markets ETF saw biggest inflows of $1.01 billion, which is clear but discreet sign of risk affinity.
- iShares iBoxx $ High Yield Corporate Bond ETF received inflows of $989 million. Again another sign of risk affinity.
- Vanguard FTSE developed markets received $781 million, showing greater preference for emerging markets.
- SPDR Gold Trust saw large inflows, in tune of $497 million, which is a sign of risk aversion.
- iShares Core U.S. Aggregate bond ETF and iShares JP Morgan USD emerging market bond ETF received inflows of $577.1 million and $467 million respectively.
Outflows –
- Outflows show aversion towards Japanese and European equities, risk aversion and lesser concern regarding inflation.
- Vanguard Total Stock Market Index Fund saw outflows of $561 million. iShares 7-10 year treasury bond ETF saw outflows of $496 million.
- WisdomTree Japan’s and Europe’s Hedged Equity Fund ETFs suffered outflows of $482 million and $328 million respectively.
- iShares TIPS Bond ETF suffered outflows of $355.7 million.