More Money Flowing Into Equity Mutual Funds and ETFs

According to a Financial Research Corporation report, equity funds and ETFs posted April net inflows of $8.5 billion and $6.9 billion, respectively, reversing the trend of outflows in March (see Investment News article). Corporate-bond funds had the largest net inflow in April at $16.6 billion, while international fixed-income funds had the largest net outflows at $447 million. As posted earlier, risk taking is back - at least it was in April.