U.S.-based Treasury funds attract most cash since Jan. -Lipper

By Kitco News / June 08, 2017 / www.kitco.com / Article Link

NEW YORK, June 8 (Reuters) - Investors in U.S.-based funds poured $1.4 billion into mutual funds and exchange-traded funds that invest in U.S. Treasuries in the week ended June 7, marking the biggest inflows since late January, data from Thomson Reuters' Lipper service showed on Thursday.

Funds that invest mainly in foreign debt securities also attracted $1.4 billion in new cash, marking their biggest inflows since July 2016. Stock funds posted $5 billion in outflows after attracting $9.2 billion in inflows the prior week.


(Reporting by Sam Forgione; Editing by Leslie Adler)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities,securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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