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AccessMyLibrary    Browse    I    Investor's Business Daily    AUG-05    Stock Fund Inflow Passes $10 billion; July Numbers Improve; Bond funds also report inflow in past month as money markets soar.(MUTUAL FUNDS)(INVESTMENT TRENDS)

Stock Fund Inflow Passes $10 billion; July Numbers Improve; Bond funds also report inflow in past month as money markets soar.(MUTUAL FUNDS)(INVESTMENT TRENDS)

Publication: Investor's Business Daily

Publication Date: 31-AUG-05
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COPYRIGHT 2005 Investor's Business Daily, Inc.

Byline: MURRAY COLEMAN

Investors warmed to rising markets in July and pumped $10.08 billion of new money into stock mutual funds.

That was up from $6.16 billion inflow a month earlier, which was the slowest of the year. July's inflow was slightly less than 2005's monthly average of $11.9 billion inflow.

"Equity inflow in July was healthy," said Vincent Loporchio, a Fidelity Investments spokesman. "It was the strongest equity inflow month for us since February."

All long-term diversified stock, bond and hybrid funds had net inflow of $18.91 billion in July. A month earlier, those attracted $12.27 billion inflow, according to the Investment Company...

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