<p>With all the major developed economies growing and many emerging markets posting good GDP numbers, flows into EPFR Global-tracked <strong>Sector Fund</strong> groups bypassed those with the most defensive reputations during the week ending May 10. <strong>Utilitie</strong>s, <strong>Telecoms</strong> and <strong>Gold Funds</strong> all recorded outflows while over $800 million flowed into <strong>Technology Sector Funds</strong> and <strong>Financial Sector Funds</strong> bounced back from the previous week’s outflow.</p>