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Investing October 12, 2011
ETFs Add $4B in September
October 12, 2011 (PLANSPONSOR.com) - U.S. ETFs, which have seen just one month of net outflows in the last 12 months, added $4.1 billion in September, according to data from Morningstar.
Reported by
Rebecca Moore
Nevertheless, total industry assets dipped below $1 trillion in September for the first time since December 2010.
For the second consecutive month, taxable-bond ETFs had the strongest inflows of any Morningstar ETF asset class, collecting $5 billion. Behind taxable-bond offerings, international-stock ETFs, with $2.4 billion, realized the second-largest asset-class-level inflow in September.
After managing inflows of just $394 million in August, U.S.-stock ETFs gave up $5.3 billion in September. Four of the five largest individual ETF outflows belonged to funds in the U.S.-stock asset class.
Commodities ETFs experienced modest outflows of $200 million in September.
To view the complete report, visit http://www.global.morningstar.com/septflows11.You Might Also Like:
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