Flows into equity funds totaled $13.4 billion in the latest week, making it the strongest inflow into equities in twelve weeks, according to Bank of America Merrill Lynch.

The week's inflows represented a .2 percent rise in total Assets Under Management (AUM), bringing the total value of AUM to even year-to-date.

The influx, which included "mom and pop" investors, suggests a rise in risk-appetite.

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