Fund flow statistics are extremely helpful in understanding investor sentiment towards different sections of financial markets. Latest fund flow statistics available, for the week ending 13th April, from ETF.com, point to further improvement in risk appetite, but it is not once again broad based.
Inflows –
- SPDR S&P 500 ETF topped this week, with $1.33 billion inflow indicating risk favoring sentiment.
- Some caution is however there in the market as investor piled up money into iShares MSCI USA Minimum Volatility in tune of $585.8 million.
- But risk affinity wins the week as SPDR high yield corporate and SPDR S&P oil and gas exploration and production received $343.5 and $237.2 million respectively.
- iShares iBoxx $Investment grade corporate bond received inflow of $511.6 million.
- Some inflationary concern is visible as iShares TIPS bond received inflow of $344 million.
Outflows –
- With rising risk affinity, SPDR DoubleLine Total Return Tactical saw biggest outflow in tune of $2.27 billion.
- SPDR Dow Jones Industrial Average Trust and ishares core S&P 500 saw outflow in tune of $535 million and $412 million respectively.
- Japanese stock remain in doldrums as investors withdrew $498.4 million.
- Gold seems to be falling out of favor, SPDR Gold saw $381.4 million flowing out, while Market vectors Gold miners saw $341.6 million flowing out.
The material has been provided by InstaForex Company – www.instaforex.com