Domestic equity funds had estimated outflows of $1.25 billion and $31.49 Billion since 5/5/2010

Washington, DC, June 30, 2010 - Total estimated inflows to long-term mutual funds were $5.55 billion for the week ended Wednesday, June 23, the Investment Company Institute reported today. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.

Equity funds had estimated outflows of $1.27 billion for the week, compared to estimated outflows of $1.80 billion in the previous week. Domestic equity funds had estimated outflows of $1.25 billion, while estimated outflows from foreign equity funds were $17 million.

Total Domestic Equity Flows/Week Ending
-$2.437 Billion 5/5/10
-$7.018 Billion 5/12/10
-$745 Million 5/19/10
-$13.442 Billion 5/26/10
-$1.117 Billion 6/2/10
-$3.660 Billion 6/9/10
-$1.824 Billion 6/16/10
-$1.248 Billion 6/23/10

Since May 5th, 2010, $31.491 BILLION has been withdrawn from Domestic Equity Funds.

Bond funds had estimated inflows of $6.32 billion, compared to estimated inflows of $4.47 billion during the previous week. Taxable bond funds saw estimated inflows of $5.88 billion, while municipal bond funds had estimated inflows of $438 million.

During the prior 5 weeks, $22.726 BILLION has flowed in to bond funds! BOND BUBBLE TO BURST. The 10 year treasury is trading around 2.95%....WARNING...no sharp objects or flammables around the balloon.