AdvisorShares Active ETF Market Share Update – Week Ending 2/9/2018
Assets in actively managed ETF declined by $404 million last week due to loss of net asset value, in line with the broad equity market selloff, to $47.89 billion. Fund flows (net creations) for the week were actually positive by $240 million.
Net gains for fund providers were muted, led by $27 million for PIMCO and $20 million for iShares. First Trust was the largest decliner, losing $117 million while ARK Investment contracted by $69 million.
At the category level Short Term Bond brought in $89 million, Bank Loan grew by $46 million and US Bond added $44 million. Alternative Income and Global Equity lost $113 million and $110 million respectively.
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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.