Investors pulled more than $125 billion out of mutual funds that invest long-term in stocks last year, according to the latest data released by the Investment Company Institute. Of that, $5.2 billion got pulled in the week leading up to New Year’s Eve.

All told, the ICI reported $2.6 billion got pulled out of mutual funds of all types in the week ended Wednesday, December 28.

About $4.0 billion got pulled out of domestic equity funds and another $1.2 billion out of funds that invest in international stocks.

Investors put $2.2 billion into bond funds and $389 million into funds that invest in both stocks and bonds.

For the year, only about $32.2 billion was added to mutual funds of all types, using ICI historical data.


That was the worst performance since 2008, the year that collapse of the subprime mortgage market led to a global credit crisis and the “breaking of the buck” in money market mutual funds.

That year, investors yanked $199.6 billion out of mutual funds. But they put in $390.0 billion in 2009 and $227.8 billion in 2010, according to ICI data.

Tom Steinert-Threlkeld writes for Securities Technology Monitor.