Mutual funds have been growing strong this year. Net flows added $36.7 billion to mutual fund coffers in January and $29.2 billion in February. Assets rose by 8.6 percent to $14.8 trillion as of the end of February, although that's still below the $15.4 trillion asset level reached in September.
Active mutual funds experienced positive net flows in February for the second month in a row. Total active assets climbed back over the $11 trillion mark in January, and ended February at $11.2 trillion.
ETF assets have also recovered from the fourth-quarter downturn, having risen to $3.72 trillion during February. This was a new all-time high, surpassing the $3.71 trillion amassed in September.
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