AdvisorShares Active ETF Market Share Update – Week Ending 8/23/2013
Last week, total AUM in all active ETFs increased by over $69 million. As in previous weeks, assets in “Short Term Bond” active ETFs increased, this time by almost $64.6 million. AUM in the “Foreign Bond” category fell by nearly $58 million both because of falling values for ETFs in the category and because redemption units in certain ETFs. The “Global Bond” category had another bad week, ending over $18.3 million below where it began. The “Alternative Income” category had another great week, as its AUM increased by nearly $41.8 million, while the “Alternative” active ETF category added $13.16 million. As in previous weeks, the “Currency” category declined in value, this time by around $6.6 million. Finally, the smaller categories of “High Yield” and “US Equity” grew at $10 million and over $22 million respectively due to creation units in ETFs in those two categories.
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