AdvisorShares Active ETF Market Share Update – Week Ending 5/8/2015
Assets in actively managed ETFs grew by three basis points or $69 million to $20.169 billion. The number of funds remained at 125.
Not surprisingly the changes in assets for both providers and by strategy were all small. PIMCO’s assets shrunk by $59 million, $49 million of which was from asset flow, but that was offset by the $49 million that flowed into iShares. First Trust’s assets contracted by $25 million but that too was mostly offset by a $25 million gain for Fidelity. The other big mover was $50 million that flowed into State Street.
The sector level breakout numbers were generally smaller. Global Bond had positive flows of $29 million and U.S. Bond had $27 million in incoming flows. There were no outflows of consequence but Alternative Income declined by a net $8 million due mostly to change in NAV.
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Number of Active ETFs by Sponsor
Number of Active ETFs by Strategy
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.