Mutual Fund Fraud

Representing Investors Nationwide

Bond Market Sees Record $74 Billion of Inflows in May

A record $74 billion flowed into taxable bond funds in May and was the primary force behind the second straight month of positive flows into mutual funds and exchange-traded funds. According to Morningstar, long-term mutual funds and ETFs, which excludes money market funds, experienced $33 billion in net inflows last month, in stark contrast to March’s record $326 billion in net outflows. The reduced market volatility in May also reduced flows into money market funds. But money market funds have still taken in $1.1 trillion so far this year.

What is Mutual Fund Fraud?

Mutual funds are highly diversified investments that are designed to provide benefits to investors with limited knowledge. When a stockbroker or investment advisor misrepresents the risks or recommends an investment that is not right for a particu

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