Stock funds experienced net flows of $29.28 billion in March, up sharply from an inflow of $5.4 billion in February, the Investment Company Institute reported last week. The ICI's flow data substantiates earlier estimates of fund research firms [see MFMN 4/18/02].

The March inflows to stock funds were the category's largest since April 2000. Total net flows for 2001 were just $34 billion.

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