AdvisorShares Active ETF Market Share Update – Week Ending 9/5/2014
The week ending September 5 was a little quieter than last week. There were no new actively managed ETFs launched but assets in all active funds grew by $122 million, or 0.68%, to eclipse the $18 billion mark for the first time.
The alternative space had by far the largest activity at $84 million of net inflows with tactical a distant second with $32 million of inflows. Outflows were contained to just four of the 15 fund segments lead by foreign bond and alternative income losing $5.9 million and $4.8 million respectively.
The actively managed ETF market continues to grow and evolve both in terms of numbers and innovation. We at AdvisorShares believe it is appropriate that our report continue to evolve as well and so we have added two new categories to the list of strategies we track in the Active ETF Report; tactical and alternative bond. The new suite from WBI Shares fills out the tactical category and although alternative bond only has the two new ProShares funds, we believe this space is likely to grow.
Asset flows broken out by fund sponsor favored First Trust at $72 million and WBI Shares at $32 million (which all went into the tactical category as noted above).
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Number of Active ETFs by Sponsor
Number of Active ETFs by StrategyThere 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.