Mutual funds started February with a roar but ended the month with a whimper.
According to statistics released today by the Investment Company Institute, mutual funds posted estimated inflows of $5.51 billion for the week ended Wednesday, Feb. 29. That represents the month’s most meager weekly infusion and a far cry from the $12.77 billion they took in the first week of the month. It’s also a little more than half the $10.46 billion they posted in inflows just one week earlier.
Register or login for access to this item and much more
All Bank Investment Consultant 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
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access