To: John Hunt who wrote (10075 ) 12/3/1997 7:13:00 PM From: Brad Bolen Respond to of 18056
As they say..the facts will not matter until they do: U.S. stock funds take in $1.6 bln in 2 days-survey NEW YORK, Dec 3 (Reuters) - U.S. equity funds took in an estimated $1.60 billion for the two days ended December 1, for a monthly rate of $16.5 billion, according to fund tracking service Mutual Fund Trim Tabs. This compared with inflows of $89 million in the prior two days ended November 26, it said. Aggressive growth funds took in an estimated $252 million in the two days, up from prior inflows of $82 million, Trim Tabs said. Growth funds saw inflows of an estimated $583 million after losing $773 million in the previous period. Growth and income funds took in an estimated $689 million after taking in $691 million in the prior two days, it said. Technology funds got $53 million, better than index funds, which took in $25 million in the two days. Small cap funds got 0.1 percent of assets, implying that all such funds took in $30 million, Trim Tabs said. International funds lost $515 million after experiencing outflows of estimated $769 million, it said. But Latin American funds got 2.4 percent of assets, suggesting that Lipper-tracked funds took in $100 million while net asset values gained 2.9 percent, it said. All equity funds, including international funds, took in $1.09 billion in the two days after losing $679 million, Trim Tabs said. Bond funds saw $690 million in estimated inflows in the two days, up from $127 million in the prior period. High yield bond funds took in $288 million, up from $113 million in estimated inflows, and municipal bond funds received $88 million after losing $141 million, Trim Tabs said.