Long-term mutual funds saw inflows of $8.5 billion for the week ended Feb. 16, the Investment Company Institute said Wednesday.
Equity funds took in $6.41 billion, up from the $5.82 billion in the previous week. Domestic equity funds has inflows of $5.18 billion, and foreign equity funds had inflows of $1.24 billion.
Investors poured $1.98 billion into hybrid funds, just about on par with the $1.89 billion they took in the previous week.
Bond funds saw inflows of $95 million, down significantly from the $1.49 billion during the previous week. Taxable bond funds saw inflows of $1.55 billion, and municipal bond funds had outflows of $1.45 billion.
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