Investors made October a strong month for net inflows into open-end mutual funds, and gave exchange-traded funds another stellar period, according to Morningstar.

Net inflows for all mutual funds totaled $40.3 billion, pushing totals to $314 billion for the year-to-date through Oct. 31. That amount more than made up for the $154 billion that investors had pulled out of mutual funds by the end of October 2008.

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