Gavekal Capital: Investor Allocation to Cash Remains at a Record Low

Monday, June 30, 2014

Investor Allocation to Cash Remains at a Record Low

New data released today by the Investment Company Institute show another month in which investors piled more money into equity mutual funds and ETFs relative to money market funds. The ratio of equity mutual fund and ETF assets to money market assets has never been higher with the current reading making the readings in 2000 and 2007 look low.

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