Long-term mutual funds took in $8.93 billion in the week ended Oct. 28, bringing the sales streak to 33 weeks straight and $346 billion, according to the Investment Company Institute.
Stock funds lost $1.47 billion, having taken in $1.93 billion the previous week. U.S. stock funds saw redemptions of $2.56 billion but foreign stock funds reaped $1.09 billion.
Bond funds netted $10.16 billion, down from the $11.18 billion they took in the previous week. Investors put $239 million into hybrid funds, down from the $979 million they invested the previous week.
Money market funds saw $29.33 billion in redemptions, according to
