Investors sold U.S. equity funds with a net value of $7.64 billion over the period, compared with $5.64 billion of net disposals in the previous week, Refinitiv Lipper data showed.
U.S. large-cap funds faced $4.02 billion worth of net selling after $2.06 billion worth of inflows in the previous week. Investors also sold small-cap funds worth $1.18 billion but bought $52 million worth of mid-cap funds.
Among sector funds, healthcare, financials, and metals & mining funds faced outflows of a net $572 million, $528 million and $314 million, respectively, while technology received $705 million worth of inflows.
Meanwhile, risk aversion led to a fourth weekly inflow into safer government bond and money market funds, as they received a net $975 million and $8.36 billion respectively.
U.S. bond funds received combined net inflows of $554 million, marking a third week in a row of net buying.
U.S. short/intermediate investment-grade, and general domestic taxable fixed income funds secured inflows of $1.42 billion and $590 million respectively, but loan participation funds had $1.04 billion worth of outflow.
(Reporting by Gaurav Dogra in Bengaluru; Editing by Alexander Smith)
