WASHINGTON - Total assets in unit investment trusts reached $6.82 billion in July, jumping 24% from the same period a year earlier, according to the Investment Company Institute.

Investors poured $730 million of fresh assets into unit investment trusts in July, the trade association's data show. Most of the growth was fueled by equity investment trusts, which drew $384 million in fresh assets that month.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.