FYI: As the U.S. stock market climbs further into record territory, investors are increasingly putting money on a relatively less expensive alternative: funds that own international equities.
Inflows to long-term mutual funds and exchange-traded funds, or ETFs, focused on international stocks have been increasing this year and also outpacing flows into funds invested in U.S. stocks, according to data from the Investment Company Institute.
Regards,
Ted
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