Zeev's Turnips Patch-No Politics (ZEEV)

[gottfried]

Equity-Fund Inflows Bounce Back
An Estimated $18.8 Billion
Was Invested During June,
And Enthusiasm Is Holding

By ARDEN DALE
DOW JONES NEWSWIRES
July 26, 2004

Many investors embraced stock mutual funds last month after staying away in droves during May.

According to a new estimate by Lipper Inc., investors pumped $18.8 billion into stock mutual funds in June. That compares with $564 million that flowed into stock funds in May, according to Investment Company Institute data.

And the enthusiasm appears to be holding during July, according to several leading mutual-fund firms. [snip]

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