It's been a rough stretch for domestic equity funds. Mutual funds and exchange-traded funds that invest in U.S. equities marked their 10th consecutive week of net outflows during the seven days that ended last Wednesday, according to Bank of America Merrill Lynch data. That's the longest such streak in 13 years.
There was $2.6 billion pulled from U.S. equity funds in that stretch, the latest recorded week. That's pushed withdrawals to $30 billion since late June, per Bank of America.
At the same time, investors put $3.1 billion into Japanese equity funds, the biggest inflow in five months, according to Bank of America. European equity funds had six straight weeks of inflows through mid-August, though they experienced $200 million in outflows in the most recent week.
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