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

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March 28, 2009 – Comments (6)

Sausalito, CA - March 26th, 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 US 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 US 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.


rimTabs 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

 

The Market went up with net outflows?????????????

6 Comments – Post Your Own

#1) On March 28, 2009 at 4:57 PM, Tastylunch (29.38) wrote:

WHOAH

thanks for shairng this, I was just wondering this myself.

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#2) On March 28, 2009 at 6:44 PM, binve (< 20) wrote:

Awesome post! Thanks for the data! Tasty and I were talking about this, and this is certaintly NOT what we were expecting :)

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#3) On March 28, 2009 at 6:52 PM, MarketBottom (29.33) wrote:

The market must have been leveraged up, as new money was not the reason.

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#4) On March 28, 2009 at 10:55 PM, oldfashionedway (35.56) wrote:

So if all these $$$ are leaving domestic equity mutual funds, where might they be going?

Bonds?

International equities?

Foreign currencies?

Precious metals?

The mattress?

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#5) On March 30, 2009 at 4:41 PM, anchak (99.86) wrote:

Wow! This is eye-opening......

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#6) On March 30, 2009 at 5:04 PM, MarketBottom (29.33) wrote:

There has been some buying in emerging markets. The devaluation of some of the currency coupled with the declines in their equity markets make them attractive.

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