Open Mutual Fund Flows Update
Currently, we estimate the public’s unrealized profits in equity mutual funds at $690 billion. In February 2003, investors had unrealized profits of only $12 billion . So how did they manage to make another $678 billion in just 11 months?

Tables updated through January 31, 2004 with data released February 27, 2004. Comments on Stock Funds, Bond Funds and Hybrid Funds, and the public’s break-even level.

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