World woes
Fund investors have had a thing against overseas mutual funds and ETFs for months and it's not letting up. Outflows over a 12-week period neared a record low in May, and investors don't seem to be regretting their decisions. According to the Investment Company Institute, investors pulled more than $10.9 billion from these funds in the week ended September 30. That's the 2nd-largest outflow since at least 2006, slightly eclipsed by the week ending October 15, 2008. Over the past 26 weeks, investors have pulled $104 billion, surpassing the 6-month outflow ending in March 2009 of "only" $81.9 billion.
