otal estimated outflows from long-term mutual funds1 were $11.82 billion for the week ended Wednesday, December 21, the Investment Company Institute reported today.
Equity funds2 had estimated outflows of $6.53 billion for the week, compared to estimated outflows of $7.04 billion in the previous week. Domestic equity funds had estimated outflows of $5.11 billion, and world equity funds had estimated outflows of $1.43 billion.
Hybrid funds2—which can invest in stocks and fixed-income securities—had estimated outflows of $2.11 billion for the week, compared to estimated outflows of $6.66 billion in the previous week.
Bond funds2 had estimated outflows of $3.17 billion for the week, compared to estimated outflows of $2.20 billion during the previous week. Taxable bond funds saw estimated inflows of $1.30 billion, and municipal bond funds had estimated outflows of $4.47 billion.
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