AdvisorShares Active ETF Market Share Update – Week Ending 11/29/13
Assets in all active ETFs declined slightly for the week, falling back to $14.7 billion in assets under management. There was a notable dip in the short term bond category and the foreign bond category. There were no new active ETF product launches this past week but AdvisorShares announced a manager and name change for one of their ETFs. The notable reduction in assets this month was $50 million from WisdomTree, driven mostly by the Dreyfus Brazilian Real Fund and Emerging Markets Local Debts Fund. PIMCO’s Enhanced Short Duration ETF was also a notable decline.
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