AdvisorShares Active ETF Market Share Update – Week Ending 7/29/2016
Assets in actively managed ETFs increased by $225 million, or 0.90%, to $26.722 billion. There was one new fund last week which takes the count up to 151.
All of the net gain can be attributed to a $227 million increase for PIMCO. State Street brought in $27 million while iShares had a decline of $34 million.
Consistent with the gain for PIMCO, Short Term Bond added $231 million, followed by $39 million into Global Bond and $34 million for Alternative Income. The Alternative category declined by $54 million while Foreign Equity shed $26 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.