MutualFundWire.com: Mutual Funds See Record Flows as a Result of Fed's Deep Discount
MutualFundWire.com
   The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
Thursday, September 20, 2007

Mutual Funds See Record Flows as a Result of Fed's Deep Discount


The Fed's 50 bps cut has had quite an effect on mutual fund inflows. Reuters reports that TrimTabs Investment Research found that on Tuesday investors put $10.4 billion into U.S. equity funds, the second-largest single day amount ever recorded. To put this in perspective TrimTabs says that in the whole month of July, stock funds took in $10.75 billion.


Printed from: MFWire.com/story.asp?s=15807

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