Mutual fund investors added another $1.85 billion into equity funds for the two business days ended Jan. 22, as estimated by
, a firm that tracks mutual fund inflows and outflows.
There has been little consistency to fund flows, most recently, alternating between adding and removing deposits from equity funds. This may reflect the recently uncertain markets, alternating between up and down days, as the economy is attempting to get back on its feet.
The period ended Jan. 22 marks the end of alternating inflows and outflows, being the second period in a row of fund inflows -- perhaps investors foresee the markets gaining consistently in the near future. For the same period, both the
Nasdaq Composite Index
fell a slight 0.4%, while the