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 |
|
Monday, July 26, 2021 Inflows Per Fund Rise 27 Percent As Bridge Builder Leads A B-D's subadvised fund family took the lead last month, pound-for-pound, as industry inflows rose 27 percent proportionately.
Edward Jones' Bridge Builder took the lead last month, thanks to an estimated $130 million per fund in net June 2021 inflows, up month-over-month from $97 million per fund in May 2021 but down year-over-year from $492 million per fund in June 2020. Other big June 2021 inflows winners included: Ark, $123 million per fund (up M/M from $244 million per fund in net outflows, down Y/Y from $155 million per fund); newcomer Engine No. 1, $116 million per fund; Horizon Kinetics, $87 million per fund (down M/M from $176 million per fund); and Old Westbury, $86 million per fund (up M/M from $26 million per fund, up Y/Y from $22 million per fund in net outflows). Horizon Kinetics led the pack proportionately last quarter, thanks to an estimated $471 million per fund in net second quarter inflows. Other big Q2 2021 inflows winners included: Bridge Builder, $352 million per fund; and Vanguard, $251 million per fund. In the first six months of 2021, Ark led the pack thanks to an estimated $2.023 billion in net inflows per fund. Other big year-to-date inflows winners included: Bridge Builder, $1.208 billion per fund; and Grayscale, $777 million per fund. For the 12 months ending on June 30, 2021, Ark also led the pack thanks to an estimated $4.232 billion per fund in net inflows. Other big inflows winners included: Grayscale, $2.226 billion per fund; and Bridge Builder, $1.95 billion per fund. On the flipside, Primecap took the outflows lead last month, suffering an estimated $69 million per fund in net June 2021 outflows, down M/M from $82 million per fund in May 2021 and down Y/Y from $217 million per fund in June 2020. Other big June 2021 inflows sufferers included: Sands Capital, $59 million per fund (down M/M from $13 million per fund in net inflows, down Y/Y from $27 million per fund in net inflows); Trust for Credit Unions, $27 million per fund (down M/M from $8 million per fund in net inflows, down Y/Y from $21 million per fund in net inflows); USCF, $20 million per fund (up M/M from $1 million per fund, down Y/Y from $33 million per fund); and DFA, $18 million per fund (up M/M from $6 million per fund, down Y/Y from $27 million per fund). Primecap also led the outflows pack last quarter, thanks to an estimated $184 million per fund in net Q2 2021 outflows. Other big Q2 outflows sufferers included: Ark, $106 million per fund; and Mercer, $76 million per fund. Primecap also led the outflows pack in the first six months of 2021, thanks to an estimated $571 million per fund in net outflows YTD as of June 30. Other big YTD outflows sufferers included: Akre, $263 million per fund; and Mercer, $222 million per fund. And Primecap also led the outflows pack for the 12 months ending on June 30, 2021, thanks to an estimated $1.936 billion per fund in net outflows. Other big outflows sufferers included: Dodge & Cox, $1.035 billion per fund; and Blackstone, $286 million per fund. The whole long-term U.S. mutual fund and ETF industry brought in an estimated $2.528 million per fund in net June 2021 inflows. That's up from $1.987 million per fund in May 2021 and up from $1.679 million per fund in June 2020. In Q2 2021, long-term funds brought in an estimated 7.622 million per fund in net inflows. In the first half of 2021, they brought in $17.31 million per fund. And in the 12 months ending on June 30, 2021, they brought in an estimated $25.366 million per fund. Printed from: MFWire.com/story.asp?s=63178 Copyright 2021, InvestmentWires, Inc. All Rights Reserved |
