One of the biggest trends in investing this year has been the money that has been flowing out of domestic stock funds. For the week ended August 15, these mutual funds lost a total of $2.7 billion from investors pulling their assets out. That brings the total for the year to a net outflow of a whopping $69 billion.
But there are some types of funds that have managed to keep their heads above water. In July, for instance, American health-care stock funds added a total of $327 million in net investments. During the same month, utilities funds added $113 million.
On the other hand, many sectors continue to see assets being drained out of them. Both the financial stock funds and industrial stock funds lost $38 million in net investments during the month of July. The biggest loser, though, was tech stock funds, which lost $203 million in assets over the course of the month.
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