ICI Fund Flow Survey, Refreshed

Takeaway: YTD weekly average inflow for equity mutual funds is now $4.7 billion, an improvement from the $3 billion weekly average inflow for 2013.

Total equity mutual funds produced another week of inflow with $3.1 billion of net subscriptions, a deceleration from the $5.3 billion inflow the week prior.

The $3.1 billion inflow had a domestic fund bias during the most recent 5 day period ending March 12th, with $1.9 billion flowing into U.S. equity funds and $1.2 billion flowing into international stock funds.

The 2014 running weekly average inflow for equity mutual funds is now $4.7 billion, an improvement from the $3.0 billion weekly average inflow for 2013.

ICI Fund Flow Survey, Refreshed - flowbie

Of note, the most recent ICI fund flow survey relayed the strongest taxable bond fund flow in well over 3 quarters since May of 2013

Continued positive equity mutual fund inflow currently supports our long recommendation on T Rowe Price (TROW) which benefits from this trend with a leading retail equity mutual fund franchise.

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Editor’s note: TROW was added to Investing Ideas in late August. Click here to learn more about this product and how you can subscribe.