AdvisorShares Active ETF Market Share Update – Week Ending 3/27/2015
Assets in actively managed ETFs dipped just under 2% or $37 million to $19.519 billion. There were no new funds in the last week, leaving the count at 123.
The inflows were generally small, State Street led the way with $19 million followed by $6 million into iShares and $6 million to ALPS Funds. PIMCO had by far the largest outflow at $45 million. PowerShares had a $12 million outflow and Fidelity had a $9 million outflow.
Category flows were a little more balanced. Foreign Bond had $29 million of inflows, $12 million to Alternative and $11 million to Foreign Bond. Short Term Bond had outflows of $55 million and Global Equity $25 million.
The flows were too small to change the market share statistics for providers or strategies.
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There are risks involved with investing in ETFs including possible loss of money. Shares are actively managed and are subject to risk similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply. Shares are not individually redeemable and owners of the shares may acquire those shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000 shares.