The Utilities All Cap stock segment suffered from a daily performance of -1.31% on Wednesday. This under-performance is a bit surprising given the risk-off sentiment. Treasury markets performed bad on Wednesday and this could be part of the reason for the poor performance from Utilities. Nevertheless, the segment experienced massive inflows over the last month bringing the YTD cumulative flows to (€+1.1Bn). In terms of performance, the YTD returns are standing at +11.32%. 12 funds following the performance of 7 indices are included in the segment for a total of €5.5Bn.