Unit investment trusts added $660 million of assets during August.

Unit investment trusts continued to accumulate assets in August, the Investment Company Institute reported.

The trusts, which represent shares in fixed portfolios of stocks or bonds, attracted $659.7 million during the month, bringing the total to $6.15 billion for the first eight months of 1994,

That is slightly lower than last year's level, when $6.34 billion flowed into unit investment trusts during the first eight months, according to the institute, a Washington-based trade group for the mutual fund industry.

Tax-free bond trusts were the hottest sellers, accounting for more than half the gain. These trusts drew in $345.1 million in deposits during August, bringing this year's total to $2.74 billion, compared to $3.33 billion in the first eight months of 1993.

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