Morningstar said mutual funds saw outflows of $32.5 billion in August, but exchange-traded funds (ETFs) garnered assets worth $947 million, ETF Trends reports. International equities ETFs saw outflows of $5.5 billion whereas taxable bond ETFs reported inflows of $4.3 billion. Investors funneled out $15.5 billion from U.S. equity mutual funds in August, compared to $22.9 billion in July. Taxable-bond funds saw outflows of $12 billion but money market funds gained $74.8 billion.

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