Stock prices are on the rise, but some investors don’t seem to get the message. U.S. News Money reports that “through October 24, investors had yanked more than $101 billion out of stock mutual funds this year, according to the Investment Company Institute. During the same period, they added more than $272 billion to bond funds.”
The article lists and gives information on the 10 funds that benefited most from the inflow of investors’ cash, which is led by DoubleLine Total Return Bond. This fund is up 8 percent this year but is 6 percentage points behind the S&P 500 at 14 percent, the article points out.
Three stock funds are the list compiled by U. S. News: Vanguard Total International Stock Index, Vanguard Total Stock Market and JPMorgan Large-Cap Growth.
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