AdvisorShares Active ETF Market Share Update – Week Ending 8/16/2013
Last week, total AUM in all active ETFs fell by over $60.5 million. AUM in the “Global Bond” category fell by nearly $89 million both because of falling values for ETFs in the category and redemptions in certain ETFs. The “Foreign Bond” category had another bad week, ending almost $36 million below where it began. As in previous weeks, assets in “Short Term Bond” active ETFs increased, this time by almost $36.5 million. Some of the smaller categories had big increases in assets considering their smaller beginning asset base. The “Alternative Income” category had an increase of over $30 million (finishing at $1,120,739,543.60), while the active ETFs in the “High Yield” space gained over $10.25 million in total AUM (ending at $337,213,976.44). Other notable changes were a decrease of over $2.85 million in “Currency” active ETF AUM and a decline of nearly $4 million in “Alternative” active ETFs, mainly due to redemptions in a particular fund in this category.
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