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To: Box-By-The-Riviera™ who wrote (88457)4/1/2001 7:50:26 PM
From: UnBelievable  Read Replies (1) | Respond to of 436258
 
February Marked The First Net Outflow From Equity Funds In Two Years

Investors reversed course in February, pulling $3 billion out of stock funds during the tumultuous month, marking the first monthly net outflow in over two years, according to the Investment Company Institute. That's a sharp turnabout from January, when $25 billion flowed into stock funds. Cash levels in equity funds edged higher, to 5.9% from 5.6%. In the week ended Wednesday, equity funds took in $864 million, according to AMG Data Services (www.amgdata.com). Money-market funds continued to swell, adding $5.9 billion. Taxable-bond funds remained in demand, drawing $409 million, while municipal bond funds lost $207 million.

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