MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, June 29, 2021 Ark Is Still On Top YTD, But ... An active ETF shop still leads this year, pound-for-pound, despite a rough month.
Horizon Kinetics kept the lead last month, thanks to an estimated $176 million per fund in net May 2021 inflows, down month-over-month from $208 million per fund in April 2021. Other big May 2021 inflows winners included: newcomer Oriental Trust, $131 million per fund; River Canyon, $121 million per fund (up M/M from $58 million per fund, up year-over-year from $12 million per fund in net May 2020 outflows); Edward Jones' Bridge Builder, $97 million per fund (down M/M from $125 million per fund, down Y/Y from $500 million per fund; and Vanguard, $79 million per fund (down M/M from $106 million per fund, up Y/Y from $18 million per fund). As of May 31, 2021, Ark led the inflows pack proportionately for 2021, thanks to an estimated $1.9 billion per fund in net year-to-date inflows. Other big YTD inflows winners included: Bridge Builder, $1.089 billion per fund; and Grayscale, $777 million per fund. For the 12 months ended on May 31, 2021, Ark also led the inflows pack thanks to an estimated $4.244 billion per fund in net inflows. Other big inflows winners included: Grayscale, $2.346 billion per fund; and Bridge Builder, $2.32 billion per fund. Yet on the flip side, Ark took the outflows lead last month, suffering an estimated $244 million per fund in net May 2021 outflows, down M/M from $15 million per fund in net April 2021 inflows and down Y/Y from $100 million per fund in net May 2020 inflows. Other big May 2021 outflows sufferers included: Primecap, $82 million per fund (up M/M from $33 million per fund, down Y/Y from $465 million per fund); Causeway, $43 million per fund (up M/M from $1 million per fund, down Y/Y from $68 million per fund); EMQQ, $35 million per fund (up M/M from $3 million per fund, down Y/Y from $32 million per fund in net inflows); and Atlas, $31 million per fund. Primecap led the outflows pack proportionately after the first five months of 2021, thanks to an estimated $502 million per fund in net YTD outflows. Other big YTD outflows sufferers included: Akre, $264 million per fund; and Mercer, $206 million per fund. Primecap also led the outflows pack for the 12-months ending on May 31, 2021, thanks to an estimated $2.111 billion per fund in net outflows. Other big outflows sufferers included: Dodge & Cox, $1.452 billion per fund; and Blackstone, $408 million per fund. The whole long-term U.S. mutual fund and ETF industry brought in an estimated $1.987 million per fund in net May 2021 inflows. That's down from $3.04 million per fund in April 2021 but up from $796,000 per fund in May 2020. In the first five months of 2021, long-term funds brought in an estimated $14.783 million per fund in net YTD inflows. For the 12 months ending on May 31, 2021, they brought in an estimated $24.561 million per fund. Printed from: MFWire.com/story.asp?s=63067 Copyright 2021, InvestmentWires, Inc. All Rights Reserved |
