U.S. Mutual Funds Gathered $8.43 Billion Last Week, ICI Says
Mutual funds in the U.S. collected $8.43 billion in deposits last week, according to the Investment Company Institute.
Domestic stock funds had redemptions of $1.13 billion, while funds that invest globally got deposits of $2.18 billion in the week ended Feb. 27, ICI said today in an e-mailed statement. Taxable fixed-income funds took in $4.41 billion, the Washington-based trade group said.
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