Interest in mutual funds dipped mid-December to a record low for the year, according to the latest statistics from the
U.S. stock mutual funds were the heaviest hit, losing
Meanwhile, demand for bond funds wilted, drawing a meager
Hybrid funds, which invest in both stocks and fixed income securities, provided some good news. The funds posted estimated inflows of
The weekly fund flow estimates are derived from data covering more than 95% of industry assets, according to ICI. The statistics cover long-term mutual funds, those the ICI defines as investing in long-term instruments.
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