Amid heavy market turbulence individual investors started pouring money back into stock mutual funds. Last week, according to Banc of America Securities analysis report, mutual fund owners poured $3 billion more into stock mutual funds than they withdrew. That’s a very sharp change from the week before, when more money came out than went in (i.e. $3.3 billion outflow).
Our take: investors might be seeing a buying opportunity on the market after recent sell-off. At the same time it looks like individual investors believe more in overseas funds (I Fund) rather then U.S. funds (C & S Funds).