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Investing March 30, 2007
ETF Assets Up More than a Third Over Past Year
March 30, 2007 (PLANSPONSOR.com) - Over the past 12
months, ETF assets increased $110.99 billion (34.4%),
according to the Investment Company Institute.
Reported by Nevin E. Adams
Assets in domestic equity ETFs increased $64.08 billion since February 2006, and global equity ETFs assets rose $40.43 billion during this period, according to the ICI .
The value of exchange-traded funds (ETFs) rose 0.5% ($2.32 billion) to $433.40 billion in February. During the month, the value of all ETF shares issued exceeded that of shares redeemed by $4.97 billion. In 2006, ETFs experienced a net issuance of $73.99 billion.
Statistics contained in the Institute’s monthly ETF report have been obtained from information provided to ICI by exchange-traded funds and commodity funds.
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