Hello, I am a bit confused as to chart 26 showing 20% of Mutual funds by AUM fiscal year end is October and 24% is Dec, while the text above the chart says 925billion in Oct and 3.4trillion in December. Can you please clarify if I do not get the idea or a mistake has been made? Thank you!
Hi Alek, good catch. You are correct in that there is a mistake: the 24% for October is the share of funds that report their year-end in October (not AUM as the chart text indicates). In terms of AUM, funds reporting in October represent 18%. Only 20% of funds report in December, but these represent 66% of the AUM. Hope this helps!
Hello, I am a bit confused as to chart 26 showing 20% of Mutual funds by AUM fiscal year end is October and 24% is Dec, while the text above the chart says 925billion in Oct and 3.4trillion in December. Can you please clarify if I do not get the idea or a mistake has been made? Thank you!
Hi Alek, good catch. You are correct in that there is a mistake: the 24% for October is the share of funds that report their year-end in October (not AUM as the chart text indicates). In terms of AUM, funds reporting in October represent 18%. Only 20% of funds report in December, but these represent 66% of the AUM. Hope this helps!
Thank you, it actually helps me a lot! I appreciate your daily work putting so many charts from so many different sources in such a structured way!
🙏🏼