AdvisorShares Active ETF Market Share Update – Week Ending 7/19/2013
This past week, total assets in the active ETF space increased by over $60 million. The top 3 categories (“Global Bond”, “Short Term Bond” and “Foreign Bond”) all saw increases in AUM. The “Alternative Income” category fell in AUM, after weeks of only going up. The category ended with over $20 million less than it did in the previous week mainly because of unusual redemption activity in one fund. The “US Equity” category finally overtook the “US Bond” category in AUM, as the former increased by almost $14 million while the later decreased by over $2 million. The “High Yield” category, made up of the two active ETFs that invest mainly in high yield bonds, crossed the $300 million mark, to end the week with $311,762,427.82 in AUM. One trend from weeks that continued hold was a decline in AUM for the “Currency” category as active ETFs in this space continue to experience redemptions.
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