Barclays Global Investors, a leading provider of exchange-traded funds, was the top selling fund complex in November, according to Financial Research Corp.
Barclays Global funds raked in about $7.1 billion last month, the Boston-based fund tracker said.
State Street Global Advisors, a major player in the ETF field which also offers mutual funds, took second place with cash inflows of $6.4 billion. The company's S&P Depository Receipts (SPY), an ETF that tracks the Standard & Poor's 500 index, was the best selling fund last month, attracting. $5.4 billion.
Overall, mutual funds and ETFs that invest in foreign stocks took in $16.6 billion in new cash, and domestic stock funds netted about $12 billion.
Bond funds suffered net outflows of $553 million. Corporate bond funds took in $1.6 billion, but municipal bond funds saw outflows of $792 million, and government bond funds leaked $292 million.
American Funds, which netted about $5.7 billion, was the third best selling fund complex. It was trailed by Vanguard Group, which took in $3 billion, and Fidelity Investments, which attracted $1.5 billion.
American's Growth Fund of America (AGTHX) and Capital World Growth and Income Fund (CWGIX) were the second and third best selling funds, garnering $1.9 billion and $1.3 billion, respectively.
The institutional version of Vanguard's Total Bond Market Index Fund (VBTIX) attracted $1.3 billion to take fourth place among the best selling funds. Fifth place went to Fidelity Contrafund (FCNTX), which took in $1.2 billion.