Active Fund Outflows Increased in August

401k, funds, active, passive, mutual funds, Morningstar

More active exit.

Morningstar is out with its monthly tally, and passive equity is once again energized.

In August, investors placed an estimated $13 billion into passive U.S. equity funds, compared with outflows of $14.1 billion in the previous month.

On the active front, investors pulled $14.4 billion, compared with $11.2 billion of outflows reported for July.

The Chicago-based research behemoth also found:

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