The $12.1 billion taken out of mutual funds last week depleted the entire $10.4 billion investors had put into them the week before.
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Another blow to mutual funds after bounce-back
By
Staff Writer
Commentary December 09, 2008 at 07:00 PM
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"Mutual fund money is performance following," says Vincent Deluard, a TrimTabs analyst. "When the market goes down they take their money out."
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