Money Flow Update, Long Weekend, Happy Memorial Day !

Investor Money Flows continue to move heavily towards bonds, but light is shed on the sources.

We have wondered out loud  (Page 6-7) where and why investors are pulling cash in order to chase elevated bond funds, and it appears, according to ICI, Investment Company Institute , that much of the fund flow is coming from Money Market Funds. 

From ICI’s latest report, Money Market Funds lost $125 billion in March, with April inflows to Equity funds marked at $13 billion, and Bond Inflows showing a whopping $27 billion with no signs of slowing.

A few interesting total asset values according to ICI:

Total Fund Assets $11.2 Trillion

• Stock Fund Assets $5.3 Trillion
• Bond Fund Assets $2.4 Trillion
• Money Market Fund Assets $ 2.9 Trillion
• Hybrid (Stock/Bond) Assets $ .69 Trillion
  

  Memorial Day

This weekend marks the official start to summer for the Kvale family, as pools open, (finally, according to thunder and lightning…my 2 and 5 year old) and Memorial Day is honored on Monday, May 31st, 2010.

Enjoy your long weekend and have fun with the special ones’ in your life!

JK