Washington, DC, August 3, 2016—Total estimated outflows from long-term mutual funds1 were $5.79 billion for the week ended Wednesday, July 27, the Investment Company Institute reported today.
Equity funds2 had estimated outflows of $11.17 billion for the week, compared to estimated outflows of $12.62 billion in the previous week. Domestic equity funds had estimated outflows of $8.23 billion, and world equity funds had estimated outflows of $2.94 billion.
Hybrid funds2—which can invest in stocks and fixed-income securities—had estimated inflows of $475 million for the week, compared to estimated outflows of $779 million in the previous week.
Bond funds2 had estimated inflows of $4.90 billion for the week, compared to estimated inflows of $7.61 billion during the previous week. Taxable bond funds saw estimated inflows of $3.37 billion, and municipal bond funds had estimated inflows of $1.53 billion.