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Breaking News

Fund Inflows Decline

Fund Inflows Decline

Mutual funds took in $25 billion more assets than they lost in March, down from $36 billion in net inflow in March 2006.

Domestic stock funds led in March, with net inflow increasing to more than $17 billion, from $12 billion, according to Financial Research Corp., Boston.

Inflow into government bond funds also improved, while inflow into international and global funds fell to $1.8 billion, from $9.3 billion.

Inflow into money market funds increased to $45 billion, from $2.8 billion.

 


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