Monday, July 05, 2004

Chart of the Week



Bottom Line: According to AMG Data, Equity funds reported net cash inflows totaling $3.753 billion in the week ended June 30, with $2.25 billion going to the iShares Russell 2000 index fund. This bodes well for continuing outperformance by small-caps. Moreover, the recent downtrend in overall equity fund flows has been broken, as shown in the chart above.

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