In the Margins

ICI: Fund withdrawals slowed at year-end

January 5, 2017

By Barron's

Some $6.9 billion was withdrawn from long-term mutual funds in the week ended Dec. 28, according to data from the Investment Company Institute. While investors had been pulling money out of mutual funds all year, that figure is less than the $11.6 billion in the previous week. Meanwhile, exchange-traded fund share creation was up to $8.9 billion for the week, from $7.9 billion. Read the original story from Barron's.