WIthdrawal Wednesday Continues, Another $202 million withdrawn from U.S. Equity Funds

25th Consecutive Week of U.S.

Equity Fund Withdrawals

Washington, DC, October 27, 2010 - Total estimated inflows to long-term mutual funds were $9.52 billion for the week ended Wednesday, October 20, 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 inflows of $2.02 billion for the week, compared to estimated inflows of $762 million in the previous week. Domestic equity funds had estimated outflows of $202 million, while estimated inflows to foreign equity funds were $2.22 billion.

Total Domestic Equity Flows/Week Ending
-$202 million 10/20/10
-$623 million 10/13/10
-$5.386 billion 10/6/10
-$4.174 billion 9/29/10
-$2.569 billion 9/22/10
-$3.680 billion 9/15/10
-$2.235 Billion 9/8/10
-$7.705 billion 9/1/10
-$15.598 Billion for the month of August 2010
-$11.142 Billion for the month of July 2010
-$7.519 Billion for the month of June 2010
-$19.066 Billion for the month of May 2010

Since April 30th, 2010, $80.493 BILLION has been withdrawn from Domestic Equity Funds (This is the 25th sequential weekly outflow from US stocks).