Investors pulled more than $125 billion out of mutual funds that invest long-term in stocks last year, according to the latest data released by the Investment Company Institute. Of that, $5.2 billion got pulled in the week leading up to New Year’s Eve.

All told, the ICI reported $2.6 billion got pulled out of mutual funds of all types in the week ended Wednesday, December 28.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.