Total assets of unit investment trusts hit $6.09 billion at the end of June, a 25% increase over the same period a year earlier, according to the Investment Company Institute.

Investors poured $795.7 million of new assets into these funds in June, the data shows. Most of the growth was fueled by equity trusts, which drew $427.9 million of fresh new assets in June, hitting $3.43 billion.

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