Updated Friday, August 28, 2015 as of 10:46 AM ET

Equity Funds Lose $1.7 Billion

Mutual funds saw inflows of $7.95 billion for the week ended Wednesday, October 17, according to the Investment Company Institute.

Equity funds continued to bleed assets losing $1.73 billion for the week, compared to estimated outflows of $2.61 billion in the previous week. Hybrid funds had estimated inflows of $818 million for the week, compared to estimated inflows of $242 million in the previous week.

And bond funds had estimated inflows of $8.86 billion, compared to estimated inflows of $9.51 billion during the previous week.

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