Tags: US | mutual | funds | week

Mutual Funds in US Attracted $4.56 Billion Last Week

Wednesday, 27 June 2012 03:39 PM

U.S. mutual funds took in deposits of $4.56 billion last week as investors flocked to bonds while pulling out of equities, the Investment Company Institute said Wednesday in an e-mailed statement.

Fixed-income funds attracted $4.89 billion during the week ended June 20, according to the Washington-based trade group. Investors removed $1.84 billion from domestic stock funds and added $327 million to international equities.

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Wednesday, 27 June 2012 03:39 PM
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