FYI: Investors withdrew the most money to date this year from U.S.-based mutual funds during the week after Britons voted to leave the European Union, the Investment Company Institute data showed on Wednesday.
The $10 billion withdrawn from the funds over seven days amounts to the largest outflow from the funds since investors pulled $15 billion in the last week of 2015, the data showed, when sinking oil prices threatened to sink stocks and force a wave of corporate defaults
Regards,
Ted
http://www.reuters.com/article/us-usa-mutualfunds-ici-idUSKCN0ZM1TS
