U.S. equity mutual funds may have seen inflows during the month of December, but they ended 2015 down, with net outflows that totaled $169 billion for the year.
According to a Morningstar report, active funds on the whole were scorned by the markets.
All active categories except municipal bond funds sustained outflows for the year, with taxable bond funds having outflows at the end of 2015 of $71.0 billion.
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