July 2005 Estimated Mutual Fund Net Flows
Boston, MA (PRWEB) September 9, 2005
Stock and bond funds experienced net inflows of $ 16 billion in July. International/Global funds led the way with net inflows of $ 7.3 billion, followed by Corporate Fixed Income funds with a $ 4.3 billion net intake.
American Funds topped all complexes with $ 6 billion of net inflows, with AmericanÂs Growth Fund of America gathering an estimated $ 1.5 billion to lead the fund sales charts. The Mutual Fund Net Flows release includes ETFs in the universe of mutual funds.
[Please Note: Fund-of-Funds are included at a fund and Morningstar Category level but are excluded from firm and industry level totals.]
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