TABLE 4
FROM:
The effect of distribution channels on mutual fund flows
Mikko Knuutila, Vesa Puttonen and Tom Smythe
BACK TO ARTICLETable 4. Summary statistics of bank-managed and non-bank-managed fund flows by star rating
| Rating | Bank-managed funds | Non-bank-managed funds | ||||
|---|---|---|---|---|---|---|
| Fund months | Flow (m-euro) | % | Fund months | Flow (m-euro) | % | |
| 5 | 108 | 103.88 | 6.70 | 182 | 197.54 | 79.86 |
| 4 | 456 | 296.95 | 19.15 | 265 | 34.28 | 13.86 |
| 3 | 605 | 683.19 | 44.06 | 273 | 18.84 | 7.62 |
| 2 | 190 | 58.78 | 3.79 | 173 | -13.37 | -5.4 |
| 1 | 116 | 48.73 | 3.14 | 64 | 12.32 | 4.98 |
| Not rated | 610 | 358.91 | 23.15 | 256 | -2.25 | -0.91 |
| Total | 2085 | 1550.43 | 100.00 | 1213 | 247 | 100.00 |
