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Thursday, February 14, 2013

Stock Funds Are Still Bringing In Cash

News summary by MFWire's editors

Following a record January for the fund industry, inflows for stock funds continued to bring in money, reported Reuters yesterday.

The total net inflows for all stock mutual funds was $5.77 billion in the first week of February, the fifth straight week in inflows.

US stock funds didn't fare quite as well, with flows of $683 million, down from $3.52 billion the week before.

Bond funds brought in $6 billion, according to reporter Sam Forgione.

For more details, check out the original article here.  

Edited by: Ben Geier


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