Washington, DC, December 7, 2016—Total estimated outflows from long-term mutual funds1 were $7.10 billion for the eight-day period ended Wednesday, November 30, the Investment Company Institute reported today.
Equity funds2 had estimated inflows of $32 million for the week, compared to estimated outflows of $672 million in the previous week. Domestic equity funds had estimated inflows of $1.21 billion, and world equity funds had estimated outflows of $1.18 billion.
Hybrid funds2—which can invest in stocks and fixed-income securities—had estimated outflows of $1.02 billion for the week, compared to estimated outflows of $820 million in the previous week.
Bond funds2 had estimated outflows of $6.11 billion for the week, compared to estimated outflows of $2.62 billion during the previous week. Taxable bond funds saw estimated outflows of $2.60 billion, and municipal bond funds had estimated outflows of $3.51 billion.
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