The International/Global Equity objective posted net inflow of $15.9 billion, followed by the Equity objective with $8.9 billion. International/Global Fixed Income took in a net $2.4 billion.
Corporate, Government and Tax-Free Bond objectives all posted net outflows for the month of $1 billion, $3.9 billion, and $15.1 billion, respectively, the FRC data showed.
By Morningstar category, Foreign Large Blend posted a net $6.9 billion in inflows, followed by the Bank Loan ($4.4 billion), and High-Yield Bond ($2.9 billion) categories.
Vanguard Total International Stock Index attracted $8 billion to lead the fund sales chart. SSgA’s SPDR S&P 500 ETF ($6 billion), Vanguard’s Total Bond II ($3 billion), Vanguard’s Institutional Index ($2.1 billion), and BlackRock’s iShares Russell 2000 Index ($1.6 billion) rounded out the top five.The FRC data can be found at http://www.frcnet.com.
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