U.S. Mutual Funds Got $6.48 Billion Net Deposits Last Week
U.S. mutual funds attracted $6.48 billion in net new assets last week as investors bought taxable bond and international stock funds while dumping domestic equities.
Taxable bond funds attracted $4.86 billion and international stock funds won $8.73 billion in the week ended April 18, the Washington-based Investment Company Institute said today in an e-mailed statement. Domestic stock funds lost $8.68 billion to net withdrawals.
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