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Investors Pull Out Of Mutual Funds At The Fastest Rate In Two Years

TedTed
in Fund Discussions
FYI: Investors pulled more money from U.S. mutual funds last week than they have in any seven-day period in the past two and a half years.

Net redemptions reached $28.6 billion in the week ended Dec. 16, according to a statement from the Investment Company Institute, a trade group. It was the biggest weekly outflow since June 2013, ICI data show.
Regards,
Ted
http://www.bloomberg.com/news/articles/2015-12-23/investors-pull-most-money-from-u-s-mutual-funds-in-two-years

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