ICI Reports Estimated ETF Net Issuance08.11.2016
ICI.org -Washington, DC, – The estimated value of all exchange-traded fund1 (ETF) shares issued exceeded that of shares redeemed by $1.36 billion for the week ended August 3, 2016, the Investment Company Institute reported today. In addition to this report, ICI will also be publishing long-term mutual fund flows and a report that combines data for ETFs and mutual funds, available on the ICI website.
ETF Estimated Net Issuance
Millions of dollars
Note: Components may not add to the total because of rounding. Includes funds not registered under the Investment Company Act of 1940.
Equity ETFs2 had estimated net issuance of $1.97 billion for the week, compared to estimated net issuance of $4.99 billion in the previous week. Domestic equity ETFs had estimated net issuance of $1.43 billion, and world equity ETFs had estimated net issuance of $541 million.
Hybrid ETFs2—which can invest in stocks and fixed-income securities—had estimated net issuance of $17 million for the week, compared to estimated net issuance of $16 million in the previous week.
Bond ETFs2 had estimated negative net issuance of $1.54 billion for the week, compared to estimated net issuance of $1.23 billion during the previous week. Taxable bond ETFs saw estimated negative net issuance of $1.68 billion, and municipal bond ETFs had estimated net issuance of $134 million.
Commodity ETFs2—which are ETFs (both registered and not registered under the Investment Company Act of 1940) that invest primarily in commodities, currencies, and futures—had estimated net issuance of $913 million for the week, compared to estimated negative net issuance of $362 million during the previous week.
Investors can take into account firms' impact on nature in addition to traditional ESG metrics,
Jacobi Asset Management has hired an ex-BlackRock executive as its new CEO.
Assets in global ETFs were $5 trillion larger than assets invested in global hedge funds at the end of Q2.
Margin and collateral are a new use case for bond ETFs.
Pando Asset is the fifth new crypto ETP issuer to join SIX Swiss Exchange this year.