The Traderszone Network

Published in TZ Latest News 30 July, 2015 by The TZ Newswire Staff

Stock Fund Flows: Third Month Of Outflow In June

Investors pulled a net $2.99 billion from stock funds in June, as the market fell. It was the third straight monthly outflow, but was down from May’s $3.78 billion outflow, the Investment Company Institute said. Signs point to higher outflow this month. Funds that invest primarily in the U.S. disgorged $16.65 billion in new money in June vs. $16.69 billion in May. In June, the S&P 500 fell 2.10%.

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