Money continues to pour into bond funds.
Weekly 07/14/2010
- Equity Fund Inflows $4.7 Bil
- Taxable Bond Fund Inflows $6.2 Bil
- xETFs - Equity Fund Inflows $117 Mil
- Taxable Bond Fund Inflows $4.1 Bil
Fund Flow Totals for 2010 through 7/14/10
Table 1 | AMG Fund Flows for Full Year - $B | ||
Fund Flows for | Equity | Tax Bond | MM Fund |
2003 | 40.8 | 40.7 | NC |
2004 | 95.0 | 11.3 | (64.3) |
2005 | 71.9 | 9.3 | 89.0 |
2006 | 52.5 | 29.9 | 308.3 |
2007 | 111.3 | 68.8 | 569.5 |
2008 | 3.5 | (3.3) | 608.0 |
2009 | 6.0 | 172.0 | (280.2) |
2010 | (17.3) | 89.7 | (399.9) |
- NC = Data Not Compiled
- += Some data for Money Market Funds between March 2010 and July 14, 2010 is missing but the overall trend is clear.
- Raw data from AMG Weekly Fund Flows Data
Rydex Nova/Ursa Ratio = 0.262
This chart of the "Rydex Nova/Ursa Ratio" courtesy of Schaeffer's Research shows money is flowing into bear (Ursa) funds at nearly four times the rate of bull funds (ratio is 0.262 for 7/14)
Date | NAV Adjusted N/U Ratio |
07/15 | 0.260 |
07/14 | 0.262 |
07/13 | 0.262 |
07/12 | 0.248 |
07/09 | 0.236 |
In 2009, "Kirk's Newsletter Explore Portfolio" gained 33.5% vs. the DJIA up 18.8%
For 2010, as of 7/15/10, the explore portfolio is up 2.3% YTD
vs. DJIA down 0.7% vs. S&P500 down 0.7%!
For 2010, as of 7/15/10, the explore portfolio is up 2.3% YTD
vs. DJIA down 0.7% vs. S&P500 down 0.7%!
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