Equity Funds report outflows of $1.8 Billion for the 4-day week ended 5/30/01--the first week of outflows since 4/4/01--with most coming from International & Global Funds._

Small Cap Growth and Technology Funds also experienced redemptions, though Large Cap and Aggressive Growth Funds received net cash inflows._

International Equity Funds report outflows from all emerging and developed regions ($1.5 Billion)._

Inflows to Taxable Bond Funds total $755 Million, with most going to High Yield and Investment Grade Bond Funds._

Gruss, obelix

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