Historic tracking error is anything but modest

Source: ML

You will be able to download all slides in power point for this report



Chart: Key Russia Linked ETFs Historic tracking error is anything but modest Source: ML Download file in Power Point Emerging markets fund flow showed 1049.8 USD mn of inflow. While Frontier Markets funds showed 0.2 USD mn of inflows. BRAZIL Equity funds showed -20.0 USD mn of outflow. BRAZIL Fixed Income funds showed -120.3 USD mn of outflow. CHINA Equity funds showed -214.0 USD mn of outflow. CHINA Fixed Income funds showed 4.0 USD mn of inflow. INDIA Equity funds showed 568.1 USD mn of inflow. INDIA Fixed Income funds showed -12.5 USD mn of outflow. KOREA Equity funds showed 16.5 USD mn of inflow. RUSSIA Equity funds showed -155.7 USD mn of outflow. RUSSIA Fixed Income funds showed 35.1 USD mn of inflow. SOUTH AFRICA Equity funds showed 8.4 USD mn of inflow. TURKEY Equity funds showed -6.0 USD mn of outflow. COMMUNICATIONS SECTOR Equity funds showed 101.3 USD mn of inflow. ENERGY SECTOR Equity funds showed 941.2 USD mn of inflow. ENERGY SECTOR Mixed Allocation funds showed 0.2 USD mn of inflow. FINANCIAL SECTOR Equity funds showed 179.0 USD mn of inflow. REAL ESTATE SECTOR Alternative funds showed 1.1 USD mn of inflow. REAL ESTATE SECTOR Equity funds showed 3420.8 USD mn of inflow. TECHNOLOGY SECTOR Equity funds showed 311.1 USD mn of inflow. UTILITIES SECTOR Equity funds showed 216.5 USD mn of inflow. LONG SHORT Alternative funds showed -285.6 USD mn of outflow. LONG SHORT Equity funds showed -44.2 USD mn of outflow. LONG SHORT Fixed Income funds showed 29.4 USD mn of inflow. LONG SHORT Mixed Allocation funds showed 0.2 USD mn of inflow. Markets Best global markets since the begining of the week EFM ASIA +1.20%, EM (EMERGING MARKETS) +0.41%, FM (FRONTIER MARKETS) +0.01%, While worst global markets since the begining of the week EM LATIN AMERICA -1.94%, USA -0.85%, EUROPE -0.78%, Best since the start of the week among various stock markets were ZIMBABWE +4.43%, BULGARIA +3.44%, NIGERIA +3.03%, BAHRAIN +1.80%, KOREA +1.80%, GHANA +1.72%, TAIWAN +1.69%, CHINA +1.26%, VIETNAM +1.08%, SERBIA +1.07%, While worst since the start of the week among various stock markets were EGYPT -7.03%, JAMAICA -4.71%, PERU -4.23%, QATAR DOMESTIC -3.94%, QATAR -3.59%, HUNGARY -3.58%, BRAZIL -3.27%, UKRAINE -2.95%, BOTSWANA -2.10%, CZECH REPUBLIC -1.79%, Key Fund Flow Headlines FUND FLOWS: Money Keeps Flowing to US Equity Funds Fund flows into domestic stock markets may almost double to $55 bn ... The Most Attractive Market Picks as Funds Flow Back to Asia GMO Emerging Thoughts: Emerging Markets Can Trump US Policy ... US Markets Not Pricing In Economic Headwinds, Warns Sanctum ... Emerging market ETFs and the jaws of death FUND FLOWS: Brazil Equity Leads Emerging Market Fund Flows Brazil, Russia piped India in FPI fund flow last month GMO Emerging Thoughts: Emerging Markets Can Trump US Policy ... FUND FLOWS: US Equity Funds Rebound in Wake of Trump's Shift ... FUND FLOWS: Money Flowing Into Fixed Income Fixed Income Mutual Fund Flows Signal of Trump Worries? FUND FLOWS: US Bond Funds Continued Pulling in New Money ... FUND FLOWS: US Bond Funds Continued Pulling in New Money ... Investors cash out of US-based junk bond funds