US stock and bond funds experienced net inflows of $52.9 billion in January, following a net intake of $39.4 billion in December, according to data from the Financial Research Corporation (FRC).
International/Global funds continued to stay on top with a net inflow of $24.7 billion in January, down from the $26.5 billion for the month before, followed by Domestic Equity funds with a $13.7 billion net intake. The Vanguard Group led the pack as the best selling fund group with net inflows of $11.7 billion in January, while jumping to the top of the best-selling funds list was Dodge & Cox’s Dodge & Cox International Stock fund, which took in a net $2.2 billion in January