The Financial Research Corporation (FRC) has released its “July 2006 Estimated Mutual Fund Net Flows” report.
A few of the highlighted findings include: stock and bond funds experienced net inflows of $7.0 billion in July; International/Global funds led the way with net inflows of $7.3 billion, followed by Corporate Fixed Income funds with a $2.5 billion net intake; Barclays Global Investors topped all complexes with $4.7 billion of net inflows; and the iShares Russell 2000 Index ETF collected an estimated $3.9 billion to lead the fund sales charts.