For more stories like this, sign up for the PLANADVISERdash daily newsletter.
The Markets February 11, 2011
Fifth Straight Month of Positive ETF Flows
Strategic Insight, an Asset International company, estimates that investors poured an additional
$10.9 billion into exchange-traded funds (ETFs) in January 2011.
Reported by PLANADVISER staff
Flows were driven mostly by demand for U.S. equity ETFs, which took in $7.8 billion for the month. Taxable bond ETFs had net inflows of $2.8 billion.
The leading objectives in the way of net inflows in January were Growth & Income Equity ETFs, Growth Equity ETFs, International Single Country ETFs, High Yield Bond ETFs, and Global Equity Sector ETFs.
The PowerShares QQQ ($2.6 billion) top the flows chart in January, followed by SPDR S&P 500 ($1.5 billion). Vanguard Emerging markets Stock Index ($1.3 billion); iShares MSCI Brazil Index ($1.2 billion); and SPDR DJIA ETF ($1.1 billion) rounded out the top five.
At the end of January, U.S. ETF assets stood at a record $1.02 trillion.