Your Economy (No Politics)

[Bullwinkle]

EQUITY/BOND Fund Flows for Week of May 19th


WEEKLY

May 17- Equity Fund Outflows -$3.9 Bil; Taxable Bond Fund Inflows $515 Mil
(xETF's - Equity Fund Outflows -$388 Mil; Taxable Bond Fund Inflows $254 Mil}

May 10- Equity Fund Inflows $6.4 Bil; Taxable Bond Fund Inflows $22 Mil;
(xETF's Equity Fund Inflows $2.9 Bil; Taxable Bond Fund Outflows $21 Mil)

May 3- Equity Fund Inflows $7.5 Bil; Taxable Bond Fund Inflows $788 Mil;
(xETF's Equity Fund Inflows $1.9 Bil; Taxable Bond Fund Inflows $821 Mil)


Flows: May 17
Independent Data on Fund Flows & Holdings

• Including ETF activity, Equity funds report net cash outflows totaling -$3.860 billion in the week ended 5/17/06 with Non-domestic funds reporting net inflows totaling $1.114 billion and Domestic funds reporting net outflows totaling -$4.973 billion;
• Excluding ETF activity, Equity funds report net cash outflows totaling -$388 million with Non-domestic funds reporting net inflows totaling $694 million and Domestic funds reporting net outflows totaling -$1.083 billion;
• Exchange Traded Funds report net outflows totaling -$3.471 billion with most coming from Growth/Value-Small Cap funds (-$3.130 Bil);
• Excluding ETF activity, International funds report net inflows totaling $566 million with inflows reported by Emerging Market funds and Asia Pacific funds, although net outflows are reported by funds investing in Europe, Japan, and Latin America securities;
• Excluding ETFs, Growth/Value-Small Cap funds report the first net cash outflow (-$100 Mil) since 1/18/06;
Excluding ETFs, Energy funds report the largest net outflows (-$65 Mil) since 2/15/06;
• Excluding ETFs, more Healthcare/Biotech funds report net outflows (111) than any week since 8/11/04;
• Excluding ETFs, Technology funds report the largest net outflows (-$176 Mil) since 2/15/06 and more funds reporting net outflows (199) since 4/20/05;
• Largest ETF inflows:
$488 Mil to the NASDAQ 100 Index Tracking Stock fund;
$159 Mil to the iShares MSCI EAFE Index fund;
• Largest ETF outflows:
-$2.893 Bil from the iShares Russell 2000 Index fund;
-$403 Mil from the Select Sector SPDRs Financial fund;
-$341 Mil from the MidCap SPDR fund;
• Excluding ETF activity, Taxable Bond funds report net cash inflows totaling $254 million with most going to Flexible funds ($380 Mil) and International & Global Debt funds ($179 Mil);
• Excluding ETFs, largest Taxable Bond fund outflows are reported by High Yield Corporate Bond funds (-$135 Mil) and • Government Bond funds investing in Mortgage-backed securities (-$224 Mil);
• Money Market funds report net cash inflows totaling $12.613 billion;
• Municipal Bond funds report net cash inflows of $24 million.

http://www.amgdata.com/