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The ICI'​s latest weekly statistics show money fund assets increasing $​6.​46 billion to a record $​3.​454 trillion, the 12th consecutive week that assets have increased. Retail assets grew by $​5.​55 billion to $​1.​246 trillion and institutional assets grew by $​913 million to $​2.​208 trillion. Year-​to-​date, money fund assets have increased by $​307.​7 billion, or 9.​8%, calculates Crane Data. Over the past 52 weeks, money fund assets have skyrocketed by $​1.​03 trillion, or 42.​5%.

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