Midlincoln Aggregates for funds for week ending last Friday (inclusive)
Focus | Objective | Asset Class | Flow USD mn | | Commodities | INDUSTRIAL METALS | Commodity
| 1.48 | | Commodities | PRECIOUS METAL SECTOR | Equity
| -0.78 | | country | AUSTRALIA | Equity
| 0.01 | | country | BRAZIL | Equity
| -0.08 | | country | BRAZIL | Fixed Income
| -0.43 | | country | td style="font-size: 10px">CHINAEquity
| 136.67 | | country | CHINA | Fixed Income
| 0.85 | | country | INDIA | Equity
| -5.75 | | country | JAPAN | Equity
| -5472.27 | | country | KOREA | Equity
| -8.58 | | country | RUSSIA | 0 | -2.80 | | country | RUSSIA | Equity
| 9.03 | | country | SOUTH AFRICA | Equity
| 0.00 | | industry | BASIC MATERIALS SECTOR | Equity
| 1.37 | | industry | ENERGY SECTOR | Equity
| 3.50 | | industry | FINANCIAL SECTOR | Equity
| -0.12 | | industry | HEALTH CARE SECTOR |
Equity
| 7.81 | | industry | HEALTH CARE SECTOR | Equity
| 23.49 | | industry | INDUSTRIAL SECTOR | Equity
| -0.06 | | industry | NATURAL RESOURCES SECTOR | Equity
| -0.02 | | industry | REAL ESTATE SECTOR | Equity
| 4.08 | | industry | TECHNOLOGY SECTOR | Equity
| -4.08 | | industry | UTILITIES SECTOR | Equity
| -3.25 | | region | AFRICAN REGION | Equity
| 0.00 | | region | ASIAN PACIFIC REGION | Equity
| 7.90 | | region | ASIAN PACIFIC REGION | Fixed Income
| 7.02 | | region | ASIAN PACIFIC REGION EX JAPAN | Equi
ty
| 0.22 | | region | ASIAN PACIFIC REGION EX JAPAN | Equity
| 0.39 | | region | ASIAN PACIFIC REGION EX JAPAN | Fixed Income
| 0.00 | | region | EASTERN EUROPEAN REGION | Equity
| -1.73 | | region | EUROPEAN REGION | Equity
| 199.81 | | region | LATIN AMERICAN REGION | Equity
| -2.28 | | region | MIDDLE EAST REGION | Equity
| 0.00 | | region | NORTH AMERICAN REGION | Equity
| -2.87 | | Risk | GOVERNMENT BOND | Fix
ed Income
| 0.58 | | Risk | GOVERNMENT BOND | Fixed Income
| 96.85 | | Risk | INFLATION PROTECTED | Fixed Income
| -6.57 | | Risk | LONG SHORT | Equity
| -0.11 | | segment | BRIC | Equity
| -29.59 | | segment | EMEA | Equity
| -0.81 | | segment | MENA | Equity
| -0.93 | | Size | LARGE-CAP | Equity
| -1194.02 | |
Source: Midlincoln Research
|
Fund Aggregates
. While Frontier Markets funds showed 0.0 USD mn of inflows.
BRAZIL Equity
funds showed -0.1 USD mn of outflow. BRAZIL Fixed Income
funds showed -0.4 USD mn of outflow. CHINA Equity
funds showed 136.7 USD mn of inflow. CHINA Fixed Income
funds showed 0.8 USD mn of inflow. INDIA Equity
funds showed -5.8 USD mn of outflow. KOREA Equity
funds showed -8.6 USD mn of outflow. RUSSIA 0 funds showed -2.8 USD mn of outflow. RUSSIA Equity
funds showed 9.0 USD mn of inflow. SOUTH AFRICA Equity
funds showed 0.0 USD mn of inflow.
ENERGY SECTOR Equity
funds showed 3.5 USD mn of inflow. FINANCIAL SECTOR Equity
funds showed -0.1 USD mn of outflow. REAL ESTATE SECTOR Equity
funds showed 4.1 USD mn of inflow. TECHNOLOGY SECTOR Equity
funds showed -4.1 USD mn of outflow. UTILITIES SECTOR Equity
funds showed -3.2 USD mn of outflow.
LONG SHORT Equity
funds showed -0.1 USD mn of outflow.
It is worth noting that MidLincoln data shows flow dynamics for last week ending last Friday where as EPFR data reports data only to last Wednesday, which makes ML data far more relevant
Top 5 fund winners and Top 5 losers by country by inflow
Russia Inflows assclass | Type | profile | flow USD mln$ | | Equity
| OPEN-END FUND |
East Capital Lux - Russian Fund is an open-end | 55.20 | | Equity
| OPEN-END FUND |
SEB Fund 2 - SEB Russia Fund is an FPC | 18.51 | | Equity
| OPEN-END FUND |
SEB Fund 2 - SEB Russia Fund is an FPC | 16.75 | | Equity
| ETF |
Direxion Daily Russia Bear 3x Shares is an | 16.03 | | Equity
| ETF |
Market Vectors Russia ETF is an exchange-traded | 15.52 | |
Russia Outflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
Direxion Daily Russia Bull 3x Shares is an | -24.24 | | Equity
| OPEN-END FUND |
JPMorgan Funds - Russia Fund is an open-end | -9.38 | | Equity
| OPEN-END FUND |
HSBC Global Investment Funds - Russia Equity | -4.71 | | Equity
| OPEN-END FUND |
JPMorgan Funds - Russia Fund is an open-end | -4.08 | | Equity
| OPEN-END FUND |
JPMorgan Funds - Russia Fund is an open-end | -4.05 | |
Source: MidLincoln Research
China Inflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
Hang Seng Investment Index Funds Series - | 99.99 | | Equity
| OPEN-END FUND |
Samsung CHINA2.0 Securities Feeder Investment | 66.30 | | Equity
| OPEN-END FUND |
Deutsche Invest I Chinese Equities is an | 52.40 | | Equity
| OPEN-END FUND |
Dongbu China Main Land Securities Feeder | 39.15 | | Equity
| OPEN-END FUND |
HSBC Global Investment Funds - Chinese Equity | 32.94 | |
China Outflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
CSOP FTSE China A50 ETF is an exchange-traded | -99.99 | | Fixed Income
| OPEN-END FUND |
BNP Paribas Flexi IV Bond Medium Term RMB | -99.99 | | Equity
| OPEN-END FUND |
HSBC Global Investment Funds - Chinese | -99.99 | | Equity
| OPEN-END FUND |
HSBC Global Investment Funds - Chinese | -88.39 | | Equity
| OPEN-END FUND |
JPMorgan Funds - China Fund is an open-end | -62.00 | |
Source: MidLincoln Research
South Africa Inflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
iShares MSCI South Africa ETF is an exchange-traded | 12.74 | | Equity
| ETF |
iShares MSCI South Africa UCITS ETF is an | 0.13 | | Equity
| ETF |
NEXT FUNDS FTSE/JSE Africa Top40 Linked | 0.00 | | Equity
| ETF |
NEXT FUNDS FTSE/JSE Africa Top40 Linked Exchange | 0.00 | | Equity
| ETF |
iShares MSCI South Africa - B UCITS ETF is | 0.00 | |
South Africa Outflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
NEXT FUNDS FTSE/JSE Africa Top40 Linked | 0.00 | | Equity
| ETF |
NEXT FUNDS FTSE/JSE Africa Top40 Linked Exchange | 0.00 | | Equity
| ETF |
iShares MSCI South Africa - B UCITS ETF is | 0.00 | | Equity
| ETF |
iShares MSCI South Africa UCITS ETF is an | 0.13 | | Equity
| ETF |
iShares MSCI South Africa ETF is an exchange-traded | 12.74 | |
Source: MidLincoln Research
Korea Inflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
iShares MSCI South Korea Capped ETF is an | 69.94 | | Equity
| OPEN-END FUND |
JPMorgan Funds - Korea Equity is an open-end | 1.06 | | Equity
| OPEN-END FUND |
HSBC Global Investment Funds - Korean Equity | 0.68 | | Equity
| ETF |
iShares MSCI Korea UCITS ETF (Acc) is an | 0.51 | | Equity
| CLOSED-END FUND |
Korea Equity Fund, Inc. is a non-diversified, | 0.01 | |
Korea Outflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
iShares MSCI Korea UCITS ETF (Acc) is an | | | Equity
| ETF |
Deutsche X-trackers MSCI South Korea Hedged | -43.04 | | Equity
| OPEN-END FUND | | -7.65 | | Equity
| ETF |
iShares MSCI Korea UCITS ETF (Dist) is an | -6.19 | | Equity
| ETF |
WisdomTree Korea Hedged Equity Fund is an | -4.44 | |
Source: MidLincoln Research
India Inflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
iShares MSCI India ETF is an exchange-traded | 99.99 | | Equity
| OPEN-END FUND |
GS India Equity Portfolio is a Portfolio | 34.22 | | Equity
| OPEN-END FUND |
Kotak Funds - India Midcap Fund is a SICAV | 23.31 | | Equity
| OPEN-END FUND |
HSBC Global Investment Funds - Indian Equity | 23.15 | | Equity
| OPEN-END FUND |
HSBC Global Investment Funds - Indian Equity | 17.47 | |
India Outflows assclass | Type | profile | flow USD mln$ | | Equity
| OPEN-END FUND |
JPMorgan Funds - India Fund is an open-end | -15.38 | | Equity
| OPEN-END FUND |
Edmond De Rothschild India is an open-end | -8.51 | | Equity
| ETF |
iPath MSCI India Index ETN is an exchange-traded | -7.87 | | Equity
| OPEN-END FUND |
Edmond De Rothschild India is an open-end | -6.69 | | Equity
| ETF |
Direxion Daily India Bull 3X Shares is an | -5.44 | |
Source: MidLincoln Research
Turkey Inflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
iShares MSCI Turkey ETF is an exchange-traded | 0.95 | | Equity
| ETF |
iShares MSCI Turkey UCITS ETF is an open-end, | -0.25 | |
Turkey Outflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
iShares MSCI Turkey UCITS ETF is an open-end, | -0.25 | | Equity
| ETF |
iShares MSCI Turkey ETF is an exchange-traded | 0.95 | |
Source: MidLincoln Research
Brazil Inflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
iShares MSCI Brazil Capped ETF is an exchange-traded | 28.58 | | Equity
| OPEN-END FUND |
HSBC Global Investment Funds - Brazil Equity | 5.77 | | Equity
| OPEN-END FUND |
Deutsche Invest I Brazilian Equities is an | 3.35 | | Equity
| ETF |
iShares MSCI Brazil UCITS ETF (Dist) is an | 3.05 | | Equity
| OPEN-END FUND |
JPMorgan Funds - Brazil Equity is an open-end | 1.89 | |
Brazil Outflows assclass | Type | profile | flow USD mln$ | | Equity
| OPEN-END FUND |
HSBC Global Investment Funds - Brazil Equity | -3.06 | | Equity
| ETF |
Direxion Daily Brazil Bull 3x Shares is an | -2.32 | | Fixed Income
| OPEN-END FUND |
Santander FIC FI Renda Fixa I Credito Privado | -1.68 | | Equity
| OPEN-END FUND |
SH BNPP Bonjour Great Emerging Securities | -1.37 | | Equity
| OPEN-END FUND |
HSBC Global Investment Funds - Brazil Equity | -0.70 | |
Source: MidLincoln Research
Australia Inflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
iShares MSCI Australia UCITS ETF is an open-end, | 9.26 | | Equity
| OPEN-END FUND |
Australia Equity Income Fund is an open-end | 2.18 | | Equity
| OPEN-END FUND |
Baring International Umbrella - Baring Australia | 2.03 | | Equity
| ETF |
iShares MSCI Australia UCITS ETF is an open-end, | 1.41 | | Fixed Income
| OPEN-END FUND |
Daiwa Bond Fund Series - Monthly Dividend | 0.32 | |
Australia Outflows assclass | Type | profile | flow USD mln$ | | Equity
| OPEN-END FUND |
Baring International Umbrella - Baring | -1.64 | | Equity
| ETF |
iShares MSCI Australia ETF is an exchange-traded | -0.63 | | Equity
| OPEN-END FUND |
NESTOR Australien Fonds is an open-end | -0.03 | | Equity
| OPEN-END FUND |
UBS (Lux) Equity Fund - Australia (AUD) | -0.01 | | Equity
| ETF |
WisdomTree Australia Dividend Fund is an | 0.00 | |
Source: MidLincoln Research
Canada Inflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
iShares MSCI Canada ETF is an exchange-traded | 35.91 | | Equity
| ETF |
iShares MSCI Canada UCITS ETF is an open-ended, | 2.66 | | Equity
| ETF |
iShares MSCI Canada Small-Cap ETF is an exchange-traded | 1.98 | | Equity
| ETF |
First Trust Canada AlphaDEX Fund is an exchange-traded | 0.00 | |
Canada Outflows assclass | Type | profile | flow USD mln$ | | Equity
| ETF |
First Trust Canada AlphaDEX Fund is an exchange-traded | 0.00 | | Equity
| ETF |
iShares MSCI Canada Small-Cap ETF is an exchange-traded | 1.98 | | Equity
| ETF |
iShares MSCI Canada UCITS ETF is an open-ended, | 2.66 | | Equity
| ETF |
iShares MSCI Canada ETF is an exchange-traded | 35.91 | |
Source: MidLincoln Research
Good luck! And don’t stay out of the market for too long. As the policy of being too cautious is the greatest risk of all.
Ovanes Oganisyan research@midlincoln.com
|