NEW YORK, July 3 Investors in U.S.-based funds
committed $3.1 billion to stock funds in the week ended July 2
after adding $1.5 billion to the funds the prior week, data from
Thomson Reuters' Lipper service showed on Thursday.
The new cash came entirely from stock exchange-traded funds,
which saw net inflows of $4.8 billion. In contrast, stock mutual
funds posted net outflows of $1.7 billion, the first such
outflows since December.
Stock mutual funds are commonly purchased by retail
investors, while stock ETFs are thought to represent the
Taxable bond funds attracted net inflows of $1 billion, the
second straight week of inflows. Money market funds posted net
inflows of $5.4 billion, also their second straight week of
(Reporting by Luciana Lopez; Editing by James Dalgleish)