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Message: Fund flows

Fund flows

posted on Dec 14, 2009 02:34PM

Morningstar has released the latest ETF and mutual funds flows. Investors continue to flock to bond funds, albeit at a slightly slower pace than previous months. In all over $33 billion went into taxable and municipal fixed income in the month. So far this year almost $330 billion has flowed into bond funds as investors scramble for yield. Domestic equities showed outflows while foreign stock funds, which have the tailwind of a falling dollar, received more than $5 billion of investor cash in the month

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