AdvisorShares Active ETF Market Share Update – Week Ending 4/6/2018
Despite a decline in AUM for the industry as a whole, the actively managed ETF space netted a gain of $718 million to bring the total asset level to $51.73 billion. Adding in the new artificial intelligence suite of ETFs from iShares raises the overall total to 224.
Far more fund sponsors experienced net declines than gains but the gainers had substantial flows including $410 million to iShares, $208 million to First Trust and $167 million to PIMCO. Fidelity led decliners for the week, dropping by $68 million.
A similar story took place at the category level with Short Term Bond adding $334 million and Alternative gaining $285 million. Global Equity represented the only decliner of note, contracting by $56 million.
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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.