Nordnet data show investors favor global index, tech funds in August, cut defense exposure
SPY•Fixed-income flows were mixed
Fixed-income flows split between profit-taking in high-yield and selective moves into higher-risk high-yield variants or cash-like liquidity funds.
Defense and nuclear funds saw continued selling
Defense sector funds saw heavy net selling as investors took profits following a period of strong performance and more recent flattening.
Nuclear energy funds also faced continued outflows, extending a reversal from last year’s strong retail demand.
August fund flows favored global index and technology
Nordnet’s August 2026 fund flows showed a shift toward broad global equity exposure, with global index funds leading net buying.
Technology funds stayed near the top of purchase lists, signaling renewed risk appetite versus narrower thematic allocations.
