Were there any kinds of sector funds (besides energy) that had positiveflows?
A. Utility funds took in about $100 million, since their stock performanceheld up well while the REITs took it in the chin. And Gold funds took inabout $270 million net, as metal was rising and “inflation” was on theminds of a lot of people. Q. How about our old friends, the beaten-down technology funds? A. They had another $700 million or so drain away. This seems ironic, sincelately technology funds have been performing better than some other marketareas. But a lot of people are still in “get-even-and-get-out” mode. Q. Any big draws in equity-fund types? A. Sure. Income funds took in $3.1 billion and Balanced funds added $1.1billion. Those latter funds have a win streak of 46 months now. Q. What were people doing in bond funds? A. People are being cautious and selective. Long-term funds took in only$300 million, while short/intermediates added $4.9 Billion. Both taxableand municipal bond funds had net inflows. The bond numbers overall wouldhave been a lot stronger except that they in
