| again becoming a big play in 2022 | 5.12 | Jump to 32.64 |  |  | 
              
                
                  | big year already in 2022. | 4.881 | Jump to 72.479 |  |  | 
              
                
                  | volume four or five times uh normal in | 4.56 | Jump to 82.64 |  |  | 
              
                
                  | like the s p 500 uh that's trading but | 4.879 | Jump to 87.2 |  |  | 
              
                
                  | yeah well the last five days have been | 3.52 | Jump to 93.68 |  |  | 
              
                
                  | we've had about 14 13 14 billion flow | 5.36 | Jump to 97.2 |  |  | 
              
                
                  | into equities about two thirds of that | 3.679 | Jump to 100.4 | 
                      
                        
                      
                        CARDINAL
                      
                      
                        about two thirds
                      
                     |  | 
              
                
                  | there's still been four or five billion | 4.159 | Jump to 112.56 | 
                      
                        
                      
                        MONEY
                      
                      
                        four or five billion
                      
                     |  | 
              
                
                  | just in the last five trading sessions | 4.481 | Jump to 116.719 |  |  | 
              
                
                  | three or four years have been really | 3.28 | Jump to 168.319 |  |  | 
              
                
                  | big way we had about 13 of the flows | 6.081 | Jump to 180.319 |  |  | 
              
                
                  | a big uptick from the sort of 11 we were | 3.68 | Jump to 186.4 |  |  | 
              
                
                  | wouldn't be surprised to see a 15 | 3.28 | Jump to 197.92 |  |  | 
              
                
                  | etf you've got six billion dollars in | 3.92 | Jump to 237.599 | 
                      
                        
                      
                        MONEY
                      
                      
                        six billion dollars
                      
                     |  | 
              
                
                  | distributable six to nine percent uh uh | 4.56 | Jump to 274.56 | 
                      
                        
                      
                        PERCENT
                      
                      
                        six to nine percent
                      
                     |  | 
              
                
                  | have about two-thirds of the risk of the | 4.081 | Jump to 288.479 | 
                      
                        
                      
                        CARDINAL
                      
                      
                        about two-thirds
                      
                     |  | 
              
                
                  | s p 500 and the way we're doing that uh | 5.2 | Jump to 289.84 |  |  | 
              
                
                  | every single one of those those stocks | 3.12 | Jump to 328.96 |  |  | 
              
                
                  | we've got um one of the best equity | 3.759 | Jump to 358.72 |  |  | 
              
                
                  | they've been actually one of the big | 3.121 | Jump to 381.759 |  |  | 
              
                
                  | stories for the last two years last year | 3.68 | Jump to 383.12 | 
                      
                        
                      
                        DATE
                      
                      
                        the last two years last year
                      
                     |  | 
              
                
                  | it was about eight ten percent of the | 3.92 | Jump to 384.88 |  |  | 
              
                
                  | the last two years really i expect those | 4.0 | Jump to 409.28 |  |  | 
              
                
                  | when we look back here in a month or two | 3.759 | Jump to 413.28 |  |  | 
              
                
                  | under 10 billion dollars in mutual funds | 3.599 | Jump to 497.44 |  |  | 
              
                
                  | converting four mutual funds to etfs is | 4.639 | Jump to 523.2 |  |  | 
              
                
                  | convert those four mutual funds into | 4.241 | Jump to 546.399 |  |  | 
              
                
                  | morgan we've got 800 billion dollars in | 3.92 | Jump to 552.56 | 
                      
                        
                      
                        MONEY
                      
                      
                        800 billion dollars
                      
                     |  | 
              
                
                  | trend in 2022 we beat it to death in esg | 5.6 | Jump to 652.16 |  |  | 
              
                
                  | in 2019 and 2020 but it's still there | 4.961 | Jump to 655.519 |  |  | 
              
                
                  | different data points across 13 000 | 4.64 | Jump to 684.48 |  |  | 
              
                
                  | single one of the names and deciding | 3.52 | Jump to 703.2 |  |  | 
              
                
                  | estimate there needs to be a 140 | 5.2 | Jump to 714.16 |  |  | 
              
                
                  | trillion dollar investment in energy and | 5.6 | Jump to 716.16 |  |  | 
              
                
                  | some of the net zero targets uh that | 3.759 | Jump to 721.76 |  |  | 
              
                
                  | are are talking about by 2050 so 140 | 5.281 | Jump to 725.519 |  |  | 
              
                
                  | trillion dollars of investment these | 4.641 | Jump to 728.079 |  |  | 
              
                
                  | the first active um climate change | 5.28 | Jump to 736.48 |  |  | 
              
                
                  | the point i think one of the things that | 4.8 | Jump to 773.92 |  |  | 
              
                
                  | all the way at one end of the spectrum | 3.68 | Jump to 862.32 |  |  | 
              
                
                  | invest on one end of those spectrums or | 3.52 | Jump to 880.8 |  |  | 
              
                
                  | what a lot of the net zero type | 3.44 | Jump to 884.32 |  |  | 
              
                
                  | of what does it look like in a net zero | 4.081 | Jump to 892.399 |  |  | 
              
                
                  | headed 40 billion in flows into esg etfs | 4.08 | Jump to 924.24 |  |  | 
              
                
                  | one of the most forecast and broadcast | 3.679 | Jump to 1016.72 |  |  | 
              
                
                  | one meeting i think the bigger issue is | 4.559 | Jump to 1037.28 |  |  | 
              
                
                  | after the earnings release down five | 4.64 | Jump to 1067.84 |  |  | 
              
                
                  | to up five the second biggest stock in | 4.399 | Jump to 1074.64 |  |  | 
              
                
                  | the united states a two trillion dollar | 3.679 | Jump to 1077.12 | 
                      
                        
                      
                        MONEY
                      
                      
                        two trillion dollar
                      
                     |  | 
              
                
                  | market cap moved 10 | 3.361 | Jump to 1079.039 |  |  | 
              
                
                  | in two hours | 3.041 | Jump to 1080.799 |  |  | 
              
                
                  | hours don't trade it don't trade it at 5 | 4.401 | Jump to 1109.679 |  |  | 
              
                
                  | 30 when the middle you're waiting for a | 3.12 | Jump to 1112.559 |  |  | 
              
                
                  | much it's been a great discussion two of | 3.28 | Jump to 1118.32 |  |  | 
              
                
                  | hottest trends in the nearly four | 2.72 | Jump to 1150.72 |  |  | 
              
                
                  | trillion dollar market of | 3.76 | Jump to 1152.32 |  |  |