ICI released their December and year-end mutual fund statistics Tuesday and confirmed that
money funds ended 2006 at a record $2.355 trillion, up $314.8 billion, or 15.4%, for 2006. Net new cash flow to money funds was $
247.
3 billion (
the 2nd best year ever), while dividends added $
67.
5 billion. Money funds had an inflow of $
41.
5 billion in December following a $
54.
8 billion November.