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The Markets July 14, 2011
ETF Flows Boosted in June
Strategic Insight, an Asset International company, estimated that
investors poured an additional $10.6 billion into U.S. ETFs in June, after $4.5 billion net inflows in May.
Reported by Rebecca Moore
U.S. equity and taxable bond ETFs led the way in flows, posting a net $4 billion and $3.5 billion, respectively. International equity saw a net inflow of $2.5 billion.
In the second quarter of 2011, total net inflows to ETFs were $30.5 billion, up slightly from the $27.7 billion of net inflows in Q1 2011. This put ETFs on pace for their fifth straight year of $100 billion or more in net inflows. At the end of June, U.S. ETF assets totaled $1.09 trillion, down from $1.11 trillion at the end of May due to market performance.
“We continue to believe that ETFs in the U.S. will reach $2 trillion in assets before 2016,” said Loren Fox, a senior research analyst at Strategic Insight.You Might Also Like:
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