Equity funds? Not so much. Total estimated inflows to long-term mutual funds were $3.90 billion for the week ended Wednesday, May 16, according to data from the Investment Company Institute.
Equity funds had estimated outflows of $3.56 billion for the week, compared to estimated outflows of $1.30 billion in the previous week. Domestic equity funds had estimated outflows of $3.45 billion, while estimated outflows to world equity funds were $117 million.
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