AdvisorShares Active ETF Market Share Update – Week Ending 8/2/2013
Overall the total AUM in all active ETFs declined by $2.5 million last week, an insignificant amount for the $14 billion space. The biggest change of the week was the “Short Term Bond” category overtaking the “Global Bond” to become the largest category in active ETF space. “Short Term Bond” increased by almost $64 million, while “Global Bond” fell by more than $71 million. Several trends continued from previous weeks; “Foreign Bond” and “Currency” declined (by over $36 million and $8.2 million respectively), while “Alternative Income” and “US Equity” grew (by over $24 million and $14.7 million respectively). In terms of the smaller categories, “Multi-asset” declined by more than $5.5 million, while “Foreign Equity” saw its first major increase in a while with an increase of over $1 million.
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