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Investing July 13, 2011
Morningstar Reports June ETF Asset Flows
July 13, 2011 (PLANSPONSOR.com) - Independent investment research provider
Morningstar, Inc., has issued a report on the estimated U.S. exchange-traded
fund asset flows through June 2011.
Reported by
PLANSPONSOR staff
According to Morningstar, U.S. ETFs saw inflows of $9.8 billion in June after outflows of $3.1 billion in May. Total U.S. ETF industry assets are up about 38% over the past 12 months.
Other key findings of the report include:
- U.S.-stock ETFs had inflows of $3.3 billion in June to top all ETF asset classes. U.S.-stock ETFs experienced the second-largest ETF asset class-level outflow of $2.7 billion last month, second only to commodities ETFs.
- Investors added $2.4 billion to international-stock ETFs in June, a significant turnaround from outflows of $1.1 billion in May.
- Commodities ETFs realized the largest monthly outflow of any ETF asset class for the second consecutive month. With redemptions of $892 million, commodities ETFs were also the only ETF asset class with outflows in June.
- For the past four months, taxable-bond ETFs had contributed meaningfully to net U.S. ETF flows. The asset class saw inflows of $3.1 billion in June, its second-highest monthly inflow in the last 12 months.
The complete report is available here.
-Sara Kelly
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