NEW YORK (AP) — Total U.S. money market mutual fund assets fell $1.06 billion to $2.705 trillion for the week that ended Wednesday, according to the Investment Company Institute.

Assets in the nation’s retail money market mutual funds rose $4.93 billion to $922.72 billion, the Washington-based mutual fund trade group said Thursday. Assets of taxable money market funds in the retail category rose $3.96 billion to $726.93 billion. Tax-exempt retail fund assets rose $970 million to $195.8 billion.