Keeping track: mutual-fund investment

After winter spike, flows into stock funds level off

Despite recent market doldrums, investors continue to move more and more money into mutual funds. Monthly net cash flows into mutual funds hovered around the $20 billion mark during the summer. Much of the $23.4 billion in net new cash invested during August went into growth ($11.4 billion) and aggressive-growth ($8.2 billion) funds .

Mutual funds that invest in stocks overseas had an inflow of $3.8 billion in August, compared with an inflow of $1.5 billion in July.

The total assets of the nation's mutual funds stand at nearly $7.5 trillion, up from $6.8 trillion at the beginning of the year.

(c) Copyright 2000. The Christian Science Publishing Society

About these ads
Sponsored Content by LockerDome

We want to hear, did we miss an angle we should have covered? Should we come back to this topic? Or just give us a rating for this story. We want to hear from you.

Loading...

Loading...

Loading...

Save for later

Save
Cancel

Saved ( of items)

This item has been saved to read later from any device.
Access saved items through your user name at the top of the page.

View Saved Items

OK

Failed to save

You reached the limit of 20 saved items.
Please visit following link to manage you saved items.

View Saved Items

OK

Failed to save

You have already saved this item.

View Saved Items

OK