All Quiet on the Investment Front

On the heels of March 2020 that saw investment funds endure their highest outflows on record, April marked a welcome return to positive sales, as long-term net inflows equalled $1.6 billion during the month. Sales ended April in positive territory among all product types, as stand-alone mutual funds and mutual funds of funds (MFoFs) rebounded from net redemptions during the previous month, while ETFs experienced their 31st consecutive month of positive net sales.