Spurred by a buoyant stock market, stock funds in February raked in $22.43 billion compared to $9.97 billion in January. It was the second-best February in five years, slightly down from February 2004's inflow of $26.1 billion, according to the Investment Company Institute.
Domestic stock funds, which fared better in February, took in $10.49 billion compared to $1.89 billion in January. International stock funds, however, outdid domestic funds as they have in the past several months. World equity funds had an inflow of $11.95 billion in February, up from $8.07 billion a month earlier.