Morningstar Releases Mutual Fund and ETF August Asset Flows

Morningstar released data on Wednesday that reported asset flows for August for mutual funds and exchange-traded funds (ETFs). The reported indicated that funds gained $32.6 billion in new investor cash in August due to an upside in international stock funds and higher demand for fixed income.

Inside the Data

Assets from long-term mutual funds and ETFs came in at $13.9 trillion. Most of these funds were in actively managed funds. Actively managed funds grew by 2% in August while passive investments jumped 11%.

Flows for taxable bond funds have exceeded flows for U.S. equity funds every month so far in 2014. Year-to-date, taxable bond funds have attracted $99.2 billion in new assets, compared to just $3.5 billion for U.S. equity funds.

The report noted that foreign large blend and diversified emerging markets funds led in every category for August. These funds have reported in-flows during the last six months.

The Bottom Line

These reports can be important for mutual fund investors as it shows buying trends for different types of funds. For additional information, check out Morningstar’s report.