ETFs

Technology & Media Editor

US equity mutual funds saw outflows of $4.1bn in the week ending December 5, as investors sold their holdings ahead of potential tax changes and put money into exchange-traded funds.

As investors pulled money from equity funds, equity exchange-traded funds saw inflows of $6.3bn, according to the latest weekly figures from data provider Lipper.

US investors shift funds ahead of tax changes

US equity mutual funds saw outflows of $4.1bn in the week ending December 5, as investors sold their holdings ahead of potential tax changes and put money into ETFs

Sarah Krouse

Charles Schwab

Walmart

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