Total estimated inflows to long-term mutual funds were $11.85 billion for the week ended Wednesday, March 6, according to the Investment Company Institute.
Equity funds had estimated inflows of $2.94 billion for the week, compared to estimated inflows of $1.05 billion in the previous week. Domestic equity funds had estimated outflows of $578 million, while estimated inflows to world equity funds were $3.52 billion.
Hybrid funds had estimated inflows of $2.50 billion for the week, compared to estimated inflows of $2.39 billion in the previous week.
And bond funds had estimated inflows of $6.42 billion, compared to estimated inflows of $4.97 billion during the previous week. Taxable bond funds saw estimated inflows of $6.06 billion, while municipal bond funds had estimated inflows of $361 million.
