AdvisorShares Active ETF Market Share Update – Week Ending 7/12/2013
In aggregate, the active ETF space grew by over $30 million last week due to creations in funds from some of the smaller platforms in the space. As in prior weeks, AUM in the “Global Bond” and “Foreign Bond” categories declined, while money flowed into funds in the “Short Term Bond” category. The “Alternative Income” category became the fourth category with over one billion dollars in AUM after increasing by a little over $65 million in a week. The “US Equity” category also saw a large increase of over $20 million, especially considering that the categories ten funds only had $206,890,147 between them at the beginning of the week. If current trends continue, the “US Equity” category should soon be able to surpass the “US Bond” category in total active ETF assets.
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