Industry inflows rebounded by 33 percent last week, thanks to rising ETF inflows and despite rising mutual fund outflows, according to the latest data from the folks at a mutual fund industry trade group.

Today, the Investment Company Institute (ICI) team reports that an estimated $14.947 billion net flowed into ETFs and long-term mutual funds for the week ended August 27. (Money market funds and funds-of-funds are not included.) That's a $3.73-billion net flows increase week-over-week from the week ended on August 20* and extends the industry's inflows streak to three weeks and $49.953 billion.

Traditional, long-term, open-end mutual funds suffered an estimated $14.407 billion in net outflows for the week ended August 27, according to the ICI folks, up by $4.346 billion W/W. Meanwhile, ETFs brought in an estimated $29.354 billion in net inflows last week, up by $8.075 billion W/W.

Most major fund categories netted inflows last week. Per ICI's data, $13.777 billion net flowed into bond funds and ETFs in the week ended August 27, down by $5.849 billion W/W. $12.202 billion of that (down by $5.601 billion W/W) went into taxable bond funds, while $1.575 billion (down by $248 million W/W) went into municipal bond funds.

Equity funds and ETFs brought in an estimated $1.674 billion in net inflows last week, up by $8.24 billion W/W. Domestic equity funds suffered an estimated $133 million in net outflows (down by $4.311 billion W/W), while world equity funds brought in an estimated $1.807 billion in net inflows (up by $3.929 billion W/W).

Commodity funds brought in an estimated $1.123 billion in net inflows for the week ended August 27. That's up by $1.628 billion W/W.

Hybrid funds suffered an estimated $1.627 billion in net outflows last week. That's up by $290 million W/W.

*The ICI folks note that they also revise past weeks' flows data "because of adjustments, reclassifications, and changes in the number of funds reporting." Thus, the week-to-week flows changes may not quite line up perfectly with the numbers in MFWire's coverage of prior weeks' flows. 

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