U.S. stock funds take in $3.6 bln in week-TrimTabs
NEW YORK, Feb 15 (Reuters) - U.S.-based stock mutual funds took in a net $3.61 billion in the week ended Feb. 14, up from an inflow of $110 million during the prior week, as flows to funds investing domestically turned positive, TrimTabs Investment Research estimated on Thursday.
Stock funds investing mostly in domestic stocks had an inflow of $407 million, reversing an outflow of $1.22 billion during the prior week. Stock funds investing mostly in non-U.S. stocks had an inflow of $3.20 billion, up from $1.33 billion in the previous week.
Bond funds had inflows of $110 million, down from $2.11 billion during the prior week, and hybrid funds, which invest in both stocks and bonds, had inflows of $48 million versus inflows of $922 million.
TrimTabs, which reports exchange-traded fund activity separately, said that ETFs investing in domestic stocks had outflows of $4.5 billion versus inflows of $7.35 billion. ETFs investing in non-U.S. stocks had inflows of $185 million compared with inflows of $45 million during the prior week, TrimTabs estimated.
TrimTabs is a research firm based in Santa Rosa, California.
© Thomson Reuters 2009 All rights reserved


