NEW YORK -(Dow Jones)- Stock mutual funds saw an outflow of $12.1 billion during the week ended Wednesday, compared with an inflow of $10.4 billion during the previous week, according to TrimTabs Investment Research estimates.
For the week ended Wednesday, domestic funds saw an outflow of $8.3 billion, compared with an inflow of $6.8 billion during the previous week. International stock funds saw an outflow of $3.8 billion, compared with an inflow of $3.6 billion during the previous week.
Separately, bond funds posted outflows of $6.8 billion, compared with outflows of $7.4 billion during the previous week. Hybrid funds, which mix stocks and bonds, posted outflows of $2.2 billion, compared with outflows of $2.4 billion during the previous week.
Separately, TrimTabs reports that exchange-traded funds (ETFs) that invest in U.S. stocks posted an inflow of $920 million, versus inflow of $4.3 billion in the previous week. ETFs that invest in non-U.S. stocks had an inflow $643 million, versus inflow $1.5 billion in the previous week.
The Dow Jones Industrial Average fell 1.5% during the week ended Wednesday, the Nasdaq Composite Index fell 2.6%, and the Standard & Poor's 500 Index fell 1.9%.
TrimTabs, Santa Rosa, Calif., tracks daily flows of 90 fund families that have about 15% of all equity-fund assets. TrimTabs then regresses those numbers by sector to estimate total flows for all equity funds.
-By Stephen McMillian, Dow Jones Newswires; 201-938-5088; stephen.mcmillian@dowjones.com
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(END) Dow Jones Newswires
December 04, 2008 16:53 ET (21:53 GMT)

Publié le 04 Décembre 2008 Copyright © 2008 Dowjones