Margarida Correia |
Mutual funds managed to bounce back from the massive
Equity funds, which have taken the brunt of the outflows all year, surprisingly took in the bulk of the
In another stunning reversal, bond funds posted their first outflow this year, losing an estimated
Hybrid funds — those that invest in both stocks and fixed income securities — received
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.
Copyright: | (c) 2012 Financial Planning. All rights Reserved. |
Source: | Source Media, Inc. |
Wordcount: | 212 |
More Articles