Research Library
Morningstar Direct U.S. Asset Flows Update--October 2017
By Alina Lamy | 21 November 2017
An $8.7 billion inflow is impressive for a category group that’s usually in outflow territory. Investors poured $27.6 billion into passive U.S.-equity funds last month, more than doubling the previous month’s $12.7-billion inflow. U.S. GDP growth has been at around 3.0% for two quarters in a row, and Washington has recently been focused on passing a tax bill that would significantly reduce corporate tax rates and make it easier for businesses to increase profitability.
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