Long-term mutual funds saw inflows of $2.18 billion for the week ended March 23, the Investment Company Institute said.
But investors redeemed $1.42 billion from equity funds, compared to the $275 million in inflows the previous week. Domestic equity funds had outflows of $1.24 billion, but foreign equity funds netted $1.09 billion.
Investors poured $1.24 billion into hybrid funds, up slightly from the $1.22 billion they invested the previous week.
Bond funds took in $2.35 billion, down slightly from the $2.88 billion they took in the previous week. Taxable bond funds saw inflows of $2.92 billion, while municipal bond funds had outflows of $569 million.
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