US Equity Mutual Funds Attract $4.8 Billion In August

US stock funds posted an inflow of $4.80 billion in August, well ahead of July’s $738 million, according to the Investment Company Institute. Among stock funds, world equity funds (US funds that invest primarily overseas) posted an inflow of $$8.53 billion in August, nearly double July’s inflow of $4.82 billion. Funds that invest primarily in the US had an outflow of $3.73 billion in August, versus an outflow of $4.08 billion in July, while bond funds had an inflow of $6.67 billion in August, compared with an inflow of $3.21 billion the month before