The fact that investors began pouring money into domestic stock funds in January - after several years of net outflows - was big news for the financial world at the beginning of the year. Now Morningstar, the mutual fund research company, has broken down those figures further, and the results are very interesting. In the large-cap category, investors put $2.389 billion into large-cap value funds in January, but just $343 million into large-cap growth funds. That's about seven times as much money that was put into value funds.
The advantages in other categories are strong too, although not quite as dramatic. Mid-cap value funds took in $631 million in January, as opposed to $377 million for mid-cap growth funds. Small cap value funds took in $383 million, as opposed to $273 million for small-cap growth funds.
Add them together, and that's $3.4 billion that went into value funds, compared with $993 million that went into growth funds. That constitutes a pretty striking trend.
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