NEW YORK, June 13 (Reuters) – U.S. mutual funds and
exchange-traded funds recorded their first overall week of
withdrawals since March, Investment Company Institute (ICI) data
showed on Wednesday.
Cash flowed out of U.S.-based stock and commodity funds
alike during the week ended June 6, while demand for bond funds
weakened to $1.4 billion from a $5.4 billion average this year,
the data showed.
Overall, the mutual funds and ETFs tracked by the trade
group posted $4.2 billion in withd