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Split Decision on Mutual Fund Flows
Data from fund flow tracking firms were substantially split for the week ending June 23.
According to TrimTabs, investors continued to stream into stock funds -- especially aggressive growth funds -- as equity funds had inflows of $2.5 billion for the week ending June 23, up from $1.7 billion during the prior week.
However, AMG Data, a rival fund flow tracking firm, reported outflows of $800 million. ...
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