AdvisorShares Active ETF Market Share Update – Week Ending 4/8/2016
Assets in actively managed ETFs grew by $227 million, or 0.92%, to $24.864 billion. There were two new funds launched last week, which brings the total up to 138.
Fidelity drove most of the AUM growth adding a net $178 million followed by $37 million to iShares, $32 million to PowerShares and $16 million at AdvisorShares. Redemptions/contractions were small across the board with WisdomTree leading the way with a $32 million decline.
The activity at the category was similarly lopsided with $206 million going to Short Term Bond and Alternative funds had growth of $56 million. Bank Loan funds contracted by $24 million and Currency funds endured a $21 million dip.
To subscribe to our full monthly report, please register at http://www.advisorshares.com/ (note the full report is only available to financial professionals).