Investment flows into U.S. equity funds jumped to a five-week high in the week ended March 17, buoyed by optimism over a massive stimulus package and on expectations that the Federal Reserve's monetary policy stance would remain dovish.
Among sector funds, investors turned net buyers of tech funds this week, purchasing US$832 million, as tech stocks appeared attractive at lower valuations after witnessing sharp selling in the prior weeks. Graphic: Fund flows into U.S. equity sector funds - https://fingfx.thomsonreuters.com/gfx/mkt/azgpodaodvd/Fundper cent20flowsper cent20intoper cent20U.S.per cent20basedper cent20equityper cent20sectorper cent20funds.jpg
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