It was the first weekly net withdrawal of assets from these funds in four months.

And it is the first time since 1992 that such funds have had a month with net withdrawals.

Investors have not made net withdrawals from stock funds since September 1990.

International stock funds, however, are lagging well behind 1996's pace, particularly so after the net withdrawals of November.

A year ago, there were net withdrawals of $14.3 billion in the corresponding period.

When it comes to stock funds, investors have not made net monthly withdrawals since September 1990.

In Indonesia, foreigners had a $20 million net withdrawal in the first five months of the year.

In March 1997, investors made net withdrawals of $3.1 billion from bond funds.

These results compared favorably with the record $8.1 billion of net withdrawals suffered in December.

Since then, the fund has suffered net withdrawals of $11.3 billion.