European Fund-Flow Trends, July 2017 July was the seventh consecutive month showing a positive picture for long-term mutual funds. European fund promoters enjoyed net inflows into equity funds (+€19.1 bn), followed by bond funds (+€17.1 bn), mixed-asset funds (+€10.3 bn), alternative UCITS funds (+€5.3 bn), and commodity funds (+€0.3 bn) as well as real estate funds (+€0.1 bn). Meanwhile, “other” funds (-€1.3 bn) faced net outflows. These fund flows added up to overall net inflows of €51.1 bn into long-term investment funds for July. ETFs contributed €7.8 bn to these flows. Money Market Products In line with long-term products money