Tue 14 Mar 2020
Mutual Fund Sales Fall to 3-Year Low: 2005
Net sales of mutual fund shares dropped to the lowest point in the three years 2003-2005, with net sales of $257.5 billion. (See: Federal Reserve flow of funds account F214.) Net sales of mutual funds fell almost 14% from 2004 to 2005. Of net mutual fund sales, the amounts invested in corporate equity fell from 52.7% in […]