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Investing April 13, 2011
ETFs Take in $9.5B in March
April 13, 2011 (PLANSPONSOR.com) - Strategic Insight, an Asset International company, estimated that investors poured an additional $9.5 billion into U.S. Exchange-Traded Funds (ETFs) in March, marking the seventh straight month of positive flows to ETFs.
Reported by Rebecca Moore
For the first quarter of 2011, total net new flows to ETFs were $26.2 billion. At the end of March, ETF assets in the U.S. were $1.074 trillion.
According to SI, leading the way in ETF flows in March were equity sector funds, which took in $2.9 billion; retail and consumer sector ETFs did particularly well in flows. Japanese equity ETFs followed with $2.3 billion in net inflows in March. Third in net flows were Natural Resources ETFs, with $2 billion in net inflows.
Strategic Insight data shows the leading ETFs in terms of net new inflows in March were Vanguard MSCI Emerging Markets Stock Index ETF ($1.9 billion in net inflows in March), iShares MSCI Japan Index ETF ($1.8 billion), and SPDR Gold Shares ($700 million).
The leading ETF firms in terms of net new flows in March were iShares, with $5.4 billion in net inflows in March; Vanguard, with $3.9 billion; and WisdomTree, with $760 million.
More about Strategic Insight is at http://www.sionline.com.