US equity funds estimate $914mn outflow in latest week: ICI

India Infoline News Service | Mumbai |

The US equity funds had estimated outflows of $914 million for the week ended Wednesday, June 18, compared to estimated inflows of $217 million in the previous week

Total estimated inflows to long-term mutual funds were $4.31 billion for the week ended Wednesday, June 18, the Investment Company Institute reported today.
The US equity funds had estimated outflows of $914 million for the week, compared to estimated inflows of $217 million in the previous week. Domestic equity funds had estimated outflows of $2.19 billion, and estimated inflows to world equity funds were $1.28 billion.
Hybrid funds, which can invest in stocks and fixed-income securities, had estimated inflows of $1.06 billion for the week, compared to estimated inflows of $1.16 billion in the previous week.
Bond funds had estimated inflows of $4.16 billion, compared to estimated inflows of $2.07 billion during the previous week. Taxable bond funds saw estimated inflows of $3.74 billion, and municipal bond funds had estimated inflows of $419 million.
 

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