By Morningstar category, Large Blend funds topped the list, posting net inflows of $6.5 billion for the month, followed by Intermediate-Term Bond funds with a $5.5 billion net inflow and Large Growth funds with a $5 billion net inflow.
International/Global funds led the way with net inflows of $20.5 billion, while Domestic Equity funds posted a $11.2 billion net intake, FRC data showed. Corporate funds placed a distant third with a net inflow of $4.7 billion.
Barclays Global Investors was the best selling fund group in September, winning a net $9.5 billion in new assets. State Street Global Advisors (SSgA) followed with a net inflow of $6.8 billion. American Funds ($5.1 billion), Vanguard Group ($4.2 billion), and Fidelity Distributors ($2.3 billion) rounded out the top five.
SSgA’s SPDR Trust fund topped the list of best selling funds taking in a net $5.4 billion, while the Dodge & Cox International Stock fund took in $2.6 billion in net inflows and Barclays iShares Russell 2000 Index fund post net inflows of $2.4 billion.
The FRC data can be found at www.frcnet.com.