ICI Reports ETF Assets and Net Issuance07.29.2016
|ICI.org – Washington, DC, – The combined assets of the nation’s exchange-traded funds (ETFs) were $2.229 trillion in June, according to ICI. The Institute’s monthly statistical collection also includes the value of shares issued and redeemed by exchange-traded funds.
Statistics contained in the Institute’s monthly ETF report have been obtained from information provided to ICI by exchange-traded funds and commodity funds. Commodity funds are listed in the Domestic (Sector/Industry) category.
Assets of Exchange-Traded Funds by Type
Value of Shares Issued and Redeemed by All Exchange-Traded Funds
Note: Components may not add to the total due to rounding.
Highlights: Assets of all exchange-traded funds rose in June by $24.88 billion, or 1.1 percent, to $2.229 trillion. Over the past 12 months, ETF assets increased $146.40 billion, or 7.0 percent. Assets in domestic equity ETFs increased $107.75 billion since June 2015, and global equity ETF assets decreased $49.22 billion during this period. At the end of June 2016, assets of bond funds were $401.69 billion and hybrid funds were $4.31 billion.
During June, the value of all ETF shares issued exceeded that of shares redeemed by $16.72 billion. In June 2015, the value of all ETF shares issued exceeded that of shares redeemed by $18.23 billion.
Investors are seeking the tax efficiency, trading flexibility and cost benefits of ETFs.
The initial product will offer investors exposure to Bitcoin.
This helps to minimize the risk level and protect market participants from compliance breeches.
ETFs in Europe had net outflows of $5.06bn in September.
HKEX welcomed the regulatory announcement.