News Summary: Exit from stock mutual funds in Oct

Associated Press Published: November 14, 2012

STOCK FUND WITHDRAWALS: Investors withdrew cash from stock mutual funds in October, the eighth straight month that withdrawals have exceeded deposits. A net $15 billion flowed out of U.S. stock funds, consultant Strategic Insight said on Wednesday. Year-to-date flows out of stock funds total nearly $57 billion.

BOND APPEAL: Investors added nearly $30 billion to bond mutual funds, which have attracted new cash for 14 consecutive months. Year-to-date, bond funds have attracted $271 billion.

ETF ATTRACTION: Investors in October deposited a net $2.9 billion into ETFs, which bundle together investments in a particular market index.

Trending Now


  1. 1
    A company wants you to experiment on Facebook — by quitting
  2. 2
    LeBron's face vandalized on Miami mural that took 2+ years to create
  3. 3
    Somewhere In Brooklyn Right Now, There Is A Pregnant Tarantula On The Loose
  4. 4
    Alek Wek On Her Journey From Refugee To Supermodel
  5. 5
    BP Oil Spill Caused Sickness In Fish, Researchers Find
+ show more