Mutual fund money flows, which are a good indicator of overall retail investor
market views, have been strongly negative in recent months. Global and international
equity funds have experienced greater negative money flows than domestic US
mutual funds this year. Until the 2008 market drops, US equity funds received
lower money inflows than global and international funds.
Representative US equity funds include:
SPY, IVV, IWB, IWV, TMW, IYY, and VTI
Representative international and global equity funds include:
EFA, VEA, EEM, VWO, VEU and VT.
The data for the following charts is taken from Investment Company Institute
publications.
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