Inflows Trickle Into Bond Funds
Equity funds amped up their losses to the tune of $8.48 billion for the week, compared to estimated outflows of $7.17 billion in the previous week. Domestic equity funds had estimated outflows of $7.23 billion, while estimated outflows from world equity funds were $1.25 billion.
Meanwhile, hybrid funds had estimated inflows of $119 million for the week, compared to estimated outflows of $70 million in the previous week.
Bond funds experienced weaker inflows of $1.79 billion, compared to estimated inflows of $5.22 billion during the previous week.
