Inflow to Unit Trusts Tripled in September

billion from $665 million in August, the Investment Company Institute reported. Unit investment trusts are companies that purchase fixed portfolios of bonds or stocks. Most of the new deposits - $1.45 billion - went into stock trusts. Tax-free bond trusts took in $255.7 million in September, and taxable bond trust $82.1 million. Fifty-two new tax-free bond trusts, 12 new equity trusts, and three new taxable bond trusts issued shares in September. In the nine months through Sept. 30, unit investment trusts took in $9.27 billion, 28% more than a year earlier. New deposits in equity trusts totaled $5.48 billion. The 13,310 unit investment trusts in operation at yearend 1994 were valued then at $73.7 billion. The trade group could not supply current figures.

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