NEW YORK, (Reuters) – Investors added a net $493 million to U.S. stock mutual funds in the week ended Oct. 12, according to AMG Data Services.
Excluding activity in exchange-traded funds, AMG estimated that the stock funds had an outflow of $409 million in the latest week.
Funds investing in domestic stocks had an outflow of $512 million, and excluding ETFs had an outflow of $891 million.
International funds had a net inflow of $933 million and an inflow of $410 million excluding ETFs.
The year-to-date net inflows for international funds now total $59.9 billion, which exceeds the record $57.9 billion for all of 2004, AMG said.
AMG, which posts the data on its Web site, said the outflows from domestic funds have now lasted for seven consecutive weeks. The last such string of outflows occurred in April 2003.
Separately, TrimTabs Investment Research reported that excluding ETF activity stock funds took in a net $3.4 billion in the week ended Oct. 12.
AMG Data Services, based in Arcata, California, and TrimTabs, based in Santa Rosa, California, used different methods to arrive at estimates of fund flow activity.
Fonte: Reuters
