Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for May 2018
Morningstar Reports U.S. Mutual Fund and ETF Asset Flows for May 2018 |
[27-June-2018] |
CHICAGO, June 27, 2018 /PRNewswire/ -- Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today reported estimated U.S. mutual fund and exchange-traded fund (ETF) asset flows for May 2018. In May, investors placed $29.1 billion into U.S. equity passive funds, compared with $18.2 billion in the previous month. On the active front, investors pulled $8.4 billion, compared with $11.4 billion in April. Morningstar estimates net flow for mutual funds by computing the change in assets not explained by the performance of the fund and net flow for ETFs by computing the change in shares outstanding. Morningstar's report about U.S. asset flows for May 2018 is available here. Highlights from the report include:
To view the complete report, please click here. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. About Morningstar, Inc. Morningstar's Manager Research Group consists of various wholly owned subsidiaries of Morningstar, Inc. including, but not limited to, Morningstar Research Services LLC. Morningstar's Manager Research Group produces various ratings including the Morningstar Analyst Rating for funds and the Morningstar Quantitative Rating for funds. The Analyst Rating is derived from a qualitative assessment process performed by a manager research analyst, whereas the Morningstar Quantitative Rating uses a machine-learning model based on the decision-making processes of Morningstar's analysts, their past ratings decisions, and the data used to support those decisions. In both cases, the ratings are forward-looking assessments and include assumptions of future events, which may or may not occur or may differ significantly from what was assumed. The Analyst Ratings and Quantitative Ratings are statements of opinions, subject to change, are not to be considered as guarantees, and should not be used as the sole basis for investment decisions. This press release is for informational purposes only; references to securities should not be considered an offer or solicitation to buy or sell the securities. ©2018 Morningstar, Inc. All Rights Reserved. MORN-R Media Contact:
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Company Codes: NASDAQ-NMS:MORN |
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