Assets in equity mutual funds climbed higher in April as net flows totaled $18 billion, $3.5 billion greater than in March, on the strength of new money heading into international funds, according to a report released on Monday by fund tracking firm Lipper.

Domestic stock funds posted $2.2 billion in inflows, shrinking from $2.5 billion in the previous month. World funds, however, were a hot commodity as investors poured $11.3 billion into overseas markets, up from the $7 billion they garnered in March.

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