TABLE 2
FROM:
The effect of distribution channels on mutual fund flows
Mikko Knuutila, Vesa Puttonen and Tom Smythe
BACK TO ARTICLETable 2. Summary statistics on mutual fund flow by Morningstar star rating category. Del Guercio and Tkac1percentage flows are presented for comparison
| Rating | Number of fund months | Total flow (Meur) | Percent of total flow | Del Guercio & Tkac flows |
|---|---|---|---|---|
| 5 | 290 | 301.4 | 16.8% | 84.8% |
| 4 | 721 | 331.2 | 18.4 | 39.6 |
| 3 | 878 | 702.0 | 39.1 | -19.8 |
| 2 | 363 | 45.4 | 2.5 | -20.3 |
| 1 | 180 | 61.5 | 3.4 | -7.2 |
| Not rated | 866 | 356.7 | 19.84 | 23.1 |
| Total | 3298 | 1797.8 | 100% | 100% |
