MutualFundWire.com: ICI Finds April Showers Don't Dampen Fund Flows
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Thursday, May 31, 2007

ICI Finds April Showers Don't Dampen Fund Flows


Investors pledged their allegiance to mutual funds in the month of April, albeit not to American funds. Reuters reports that according to ICI research, in April investors put $18.3 billion into stock funds compared with $8.1 billion in March. Only $1.7 billion of that number went into U.S stock funds, the rest, some $16.6 billion, went into world equity funds that invest mostly overseas.


Printed from: MFWire.com/story.asp?s=14570

Copyright 2007, InvestmentWires, Inc.
All Rights Reserved
Back to Top