Reuters logo
U.S.-based stock funds attract $5.3 bln over week - Lipper
June 19, 2014 / 8:50 PM / 3 years ago

U.S.-based stock funds attract $5.3 bln over week - Lipper

NEW YORK, June 19 (Reuters) - Investors in U.S.-based funds committed $5.3 billion to stock funds in the week ended June 18 after adding $10 billion to the funds the prior week, data from Thomson Reuters’ Lipper service showed on Thursday.

Stock mutual funds attracted $126 million in new cash, while stock exchange-traded funds added $5.2 billion. Stock mutual funds are commonly purchased by retail investors, while stock ETFs are thought to represent the institutional investor.

Taxable bond funds posted net outflows of $920 million, marking their first net outflows in fifteen weeks. Money market funds posted net outflows of $28 billion, their sixth straight week of outflows. (Reporting by Luciana Lopez; Editing by James Dalgleish)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below