Funds that invest in foreign companies were the most popular with investors last month, attracting nearly $8 billion in new money, according to Financial Research Corp.
Domestic stock funds and exchange-traded funds netted $4.3 billion in June, while bond funds and ETFs took in a total of $4.7 billion, the Boston-based fund tracker reported on Monday.
American Funds, which raked in $7.3 billion, was the top selling complex in June. The company's Capital Income Builder Fund (CAIBX), which took in $1.5 billion, was the best selling fund.