Summary Box: Investors again exit stock funds

AP News
Posted: Dec 12, 2011 1:49 PM
Summary Box: Investors again exit stock funds

STOCK INVESTORS RETREAT: Investors withdrew $16.1 billion more than they deposited into U.S. stock mutual funds in November, industry consultant Strategic Insight said Monday. It's the seventh consecutive month of net withdrawals, after stock funds attracted cash in the first four months of the year.

BONDS ATTRACT CASH: Investors deposited a net $11.9 billion into bond funds in November. Some $9 billion of the total went into taxable bond funds, and $2.9 billion into municipal bond funds.

OVERSEAS APPEAL DIMS: A net $2.6 billion was withdrawn from funds investing in foreign stocks, amid persistent worries about the European debt crisis.