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FRC: International Funds Lead In October

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Investors withdrew $5.3 billion more from domestic stock mutual funds in October than they put into the funds.

The $5.3 billion net outflow compares with a $17 billion inflow for October 2006, according to Financial Research Corp., Boston.

Net inflow into international and global funds increased to about $29 billion, from $16 billion, while the net inflow into corporate bond funds increased to $8.8 billion, from $5.9 billion.

The inflow of $1.3 billion into government bond funds compares with a $2 billion outflow in October 2006.


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