Data Dashboard Morningstar Global Fund Flows > 3.3% Fast Growth Trailing 1-Year Organic Growth Rates by Country 05/31/2023 Finland 1.5% Canada -1.6% U.K. -3.0% Ireland 1.4% United States -1.3% Mexico 4.4% Hong Kong 1.9% Colombia -0.5% Brazil -7.0% South Africa 1.2% Chile 4.3% Singapore -2.8% New Zealand -0.7% Australia 3.3% France -5.9% Italy -4.8% Israel -13.1% Netherlands 11.2% Germany 0.6% Japan 3.7% South Korea 2.7% 3.29 to 0% Slow Growth < -0.1% No Growth $60B U.S. Open-End & ETF Fund Flows 05/31/2023 Europe Open-End & ETF Fund Flows 05/31/2023 $40B 30 -60 -30 06/2022 08/2022 10/2022 12/2022 02/2023 04/2023 Allocation Equity Fixed Income -40 -20 06/2022 08/2022 10/2022 12/2022 02/2023 04/2023 Money market and fund of funds are excluded when appropriate. Alternatives and commodities funds are not included. U.S. data is survivorship-bias free. In the broad asset class tables, equity includes U.S. stock, international, and sector fund flows. Organic growth rates are calculated using beginning period asset levels and subsequent net fund flows. 20 Allocation Equity Fixed Income 78 Morningstar Q3 2023