Washington, DC, July 27, 2016 - Total estimated outflows from long-term mutual funds1 were $5.78 billion for the week ended Wednesday, July 20, the Investment Company Institute reported today.
Equity funds2 had estimated outflows of $12.62 billion for the week, compared to estimated outflows of $7.99 billion in the previous week. Domestic equity funds had estimated outflows of $10.35 billion, and world equity funds had estimated outflows of $2.27 billion.
Hybrid funds2—which can invest in stocks and fixed-income securities—had estimated outflows of $779 million for the week, compared to estimated outflows of $1.11 billion in the previous week.
Bond funds2 had estimated inflows of $7.61 billion for the week, compared to estimated inflows of $6.12 billion during the previous week. Taxable bond funds saw estimated inflows of $6.16 billion, and municipal bond funds had estimated inflows of $1.46 billion.
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