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Article: THE KIPLINGER MONITOR.(statistics about mutual fund investment and mutual funds)(Brief Article)(Statistical Data Included)
- Article from:
- Kiplinger's Personal Finance Magazine
- Article date:
- July 1, 2001
- Author:
CopyrightCOPYRIGHT 2001 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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MUTUAL FUNDS | A buying opportunity
$3.4 TRILLION Net assets in stock funds, down 20% since March 2000.
$20.6 BILLION Net outflow from stock funds in March 2001, the largest monthly dollar outflow on record.
276 POINTS Gain in the Nasdaq Composite for April 2001, the eighth-biggest one-month point increase in the history of the index.
28% Percentage of shareholders who contacted a mutual fund company in 2000 to redeem shares, up from 24% in 1999.
$204 BILLION Value of stock-fund shares redeemed from October ...