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Thursday, July 15, 2010

Since May 5th, 2010, $35.833 BILLION has been withdrawn from Domestic Equity Funds

Washington, DC, July 14, 2010 - Total estimated inflows to long-term mutual funds were $435 million for the week ended Wednesday, July 7, 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 $4.23 billion for the week, compared to estimated outflows of $216 million in the previous week. Domestic equity funds had estimated outflows of $4.12 billion, while estimated outflows from foreign equity funds were $112 million.

Total Domestic Equity Flows/Week Ending
-$4.115 Billion 7/7/10 (huge outflow and the Standard and Poor's 500 up 55 points during the very same week)
-$227 Million 6/30/10
-$1.248 Billion 6/23/10
-$1.824 Billion 6/16/10
-$3.660 Billion 6/9/10
-$2.437 Billion 5/5/10
-$1.117 Billion 6/2/10
-$13.442 Billion 5/26/10
-$745 Million 5/19/10
-$7.018 Billion 5/12/10
-$2.437 Billion 5/5/10

Since May 5th, 2010, $35.833 BILLION has been withdrawn from Domestic Equity Funds.

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