Investors in stock mutual funds do not head for the exits in stock market downturns, according to a study released today by the Investment Company Institute. Even in the two weeks after the 1987 stock market crash, net cash outflows from stock mutual funds amounted to only 4.5% of assets and redemptions were not widespread, the study, which looks at trends over the last 50 years, found.
Investors in stock mutual funds do not head for the exits in stock...
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