During the month, $268 billion was in domestic equity indices – up 10.07% from September. Of that amount, $224 billion was in Domestic (broad-based) funds – up 10.4% from September, and $44 billion was in Domestic (Sector/Industry) funds – up 8.3%, according to the ICI data.
Meanwhile, assets in Global/International Equity Index funds were up 8.2% to $95.3 billion, and assets in Bond Index funds were up 6.4% in October to $19.9 billion.
class=”normal-1″> During October, the value of all ETF shares issued exceeded that of shares redeemed by $19.8 billion. In 2006, ETFs have experienced a net issuance of $53.93 billion.
The total number of ETFs was up by 25 in October over September to 315, ICI said.
class=”normal-1″> Over the past 12 months, ETF assets increased $119.47 billion, or 45.3%, ICI data showed. Assets in domestic equity ETFs increased $71.46 billion since October 2005, and global equity ETF assets rose $42.5 billion during the period.
The full ICI October report is here .