US stock and bond funds experienced net outflows of $11 billion in May, according to new data from FRC.International/global funds led the way with net inflows of $2.4 billion while Domestic Equity experienced net outflows of $449 million. American Funds topped all complexes with $5.4 billion of net inflows, while American Fund’s Growth Fund of America gathered an estimated $1.2 billion to lead the fund sales charts.
US Mutual Funds See Net Outflow Of $11 Billion In May
US stock and bond funds experienced net outflows of $11 billion in May, according to new data from FRC.International global funds led the way with net inflows of $2.4 billion while Domestic Equity experienced net outflows of $449 million. American