FLIX

FLIX index

After spiking in May, the June FLIX Index for all long-term mutual funds slipped to 573, a 13.5% drop. In contrast to May’s surging redemptions, sales rose in June, pushing the Flow Barometer back into positive territory. Overall, flow volatility levels remained stubbornly high relative to historical averages; underlying patterns were mixed, depending on asset class. Equity funds reported lower redemptions, but anemic sales. Bond funds saw continued strong sales coupled with persistently high redemptions, reflecting growing ambivalence among investors toward fixed-income products.

Download full monthly and historical update

HISTORICAL FLIX VALUES FOR ALL LONG-TERM FUNDS

FLIX historical

TRACKING AN
OVERLOOKED FACTOR IN
MUTUAL FUND PERFORMANCE

ReFlow’s FLIX Index tracks the volatility
of mutual fund asset flows by measuring
monthly gross flows as a percentage of
assets under management (AUM).

ReFlow created the index to help mutual
fund firms improve performance by
understanding the broader impacts
of volatile flows. FLIX fills a major gap
in industry data, which historically has
focused on net fund flows.

The index covers all open-end, long-term
mutual funds excluding money market funds
and ETFs.