What a dazzling week for mutual funds and ETFs.
$22.2 billion flowed into equity funds this week, marking the second-largest weekly inflow in history.
Inflows into emerging market equity funds this week were the largest – at $7.4 billion – of all time. Other big winners were long-only mutual funds, which recorded $8.9 billion in inflows this week – the largest since March 2000.
Does this make you feel more bullish than buying based on Fed-funded liquidity?
Just as any investment requires knowledge, caution, wisdom and being opportunistic at the right time, similarly, the mutual fund investments also need to make careful and intelligent decisions by the fund manager and only then, these funds prove beneficial and help the investor make money out of them
wisdom and being opportunistic at the right time, similarly, the mutual fund investments also need to make careful and intelligent decisions by the fund manager and only then, these funds prove beneficial and help the investor make money
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