Money poured out of listed managed investments and flooded into exchange traded commodities and funds over the last year, latest Australian Securities Exchange figures show.

The ASX listed managed investments (LMI) monthly update for July showed listed investment companies, infrastructure funds and absolute return funds were the big losers with capital flowing out.

Listed absolute return funds suffered a 19.1% reduction in total market capitalisation over the past 12 months from $644 million in July 2010 to $521 million in July this year, the LMI update reported.

Total market capitalisation of listed infrastructure funds fell from $35 billion to $29 billion over the same time period, a 15.2% drop.

Listed investment companies and trusts reduced their total market capitalisation by 11.9% from $19 billion in July 2010 to $17 billion in July 2011.

By contrast, exchange traded funds and commodities saw massive fund inflows in percentage terms.

Exchange traded commodities increased their July 2010 market capitalisation of $616 million to $731 million in July this year, a rise of 18.7%.

Exchange traded funds nearly doubled in number from 32 listed entities in July 2010 to 50 in July 2011.

The total market capitalisation of the sector rose by 20.4%, from $3.74 billion in July 2010 to $4.50 billion in July 2011.