Washington, DC, November 17, 2010 - Total estimated inflows to long-term mutual funds were $6.74 billion for the week ended Wednesday, November 10, 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 $1.62 billion for the week, compared to estimated inflows of $731 million in the previous week. Domestic equity funds had estimated outflows of $677 million, while estimated inflows to foreign equity funds were $2.30 billion.
Total Domestic Equity Flows/Week Ending
-$677 million 11/10/10
-$1.132 billion 11/3/10
-$2.980 billion 10/27/10
-$217 million 10/20/10
-$624 million 10/13/10
-$5.385 billion 10/6/10
-$14.701 billion for the month of September 2010
-$15.553 Billion for the month of August 2010
-$11.091 Billion for the month of July 2010
-$7.503 Billion for the month of June 2010
-$19.056 Billion for the month of May 2010
Since April 30th, 2010, $79.738 BILLION has been withdrawn from Domestic Equity Funds (This is the 28th sequential weekly outflow from US stocks).