Mutual Funds See 23rd Sequential Outflow As Redemptions Accelerate, Hit $80 Billion

Posted By on October 13, 2010

 ICI has just reported the 23rd sequential outflow from domestic equity mutual funds, this time redeeming $5.6 billion, the highest since the beginning of September, bringing the total YTD mutual fund redemptions to $80 billion.

Weekly Outflows:

Cumulative Outflows:

www.zerohedge.com

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