Long-term mutual funds took in $3.11 billion for the week ended Wednesday, September 5, according to the Investment Company Institute.
Specifically, hybrid funds had estimated inflows of $910 million for the week, compared to estimated inflows of $866 million in the previous week. Bond funds had estimated inflows of $5.28 billion, compared to estimated inflows of $6.39 billion during the previous week.
However, equity funds had estimated outflows of $3.08 billion for the week, compared to estimated outflows of $4.51 billion in the previous week. Domestic equity funds had estimated outflows of $2.86 billion, while estimated outflows from world equity funds were $225 million.
