Investors continue to retreat from U.S. stock mutual funds, according to the latest statistics from the Investment Company Institute. For the week ended April 11, investors withdrew an estimated $1.53 billion from mutual funds that invest long-term in U.S. stocks.

Despite the $1.53 billion outflow from U.S. funds, there is a glimmer of hope on the horizon. The outflow was the smallest since early March, and much smaller than last week’s 2012 chart-topper $4.50 billion outflow.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access