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Fund Flows Shrank In February As Oil Price Climbed

TedTed
in The Bullpen
FYI: Investors stuffed a net $8.32 billion into stock funds in February as the market rose. Amid a rally in the price of crude oil, it was the second straight month of inflow. But it was less than January's inflow of $12.44 billion, according to the Investment Company Institute. Signs pointed to outflow this month.

Stock mutual funds that invest primarily in the U.S. took in $1.42 billion in February vs. $6.68 billion of January inflow. During February, the S&P 500 rose 5.49%.
Regards,
Ted
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