Keeping Track: stock-fund resurgence
Investors cautiously return after Sept. 11 attacks
Sept. 11 led investors to pull a record amount of money out of stock funds. But investors have warmed to the market since, putting $14.9 billion more into equity funds than they took out in November, says the Investment Company Institute.
For the year, however, money-market funds have experienced the largest inflow - some $400 billion through November. (Institutional funds accounted for $350 billion of that amount.) Stock funds, by comparison, have had a net inflow of $29 billion through November. Overall, nearly $4 trillion in assets are in stock funds.