Morningstar released its report on ETF and mutual fund flows this morning.
The report covers the fund flows for May 2019, and shows:
- Overall, passive equity funds saw outflows of $2.7 billion, while active equity funds saw nearly $13 billion in outflows.
- May was the worst month for 2019 to date for long-term funds, losing $2.0 billion.
- Money market funds had their best month yet with inflows of $28.0 billion.
Want to learn more? You can get the full report here.