This year's flows action in the world of exchange-traded funds has largely been defined by risk-off sentiment. That includes advisors and investors flocking to fixed income ETFs.
At various points this year, six of the top 10 asset-gathering ETFs were bond funds. Although that number has dropped to four, that does not diminish investors' thirst for bond ETFs. In fact, that desire was on display in May as bond ETFs kept packing on assets.
Asset Gathering
“Investors put an additional $4.2 billion of net new money into fixed income ETFs in May, pushing the year to date flows figure to $42 billion, according to Factset data. While demand remained strong for actively managed fixed income mutual funds this year, up until last week, a wide variety of lower-cost ETFs that offer intra-day liquidity and typically seek to passively replicate an index have been gaining share in 2016,” said S&P Capital IQ in a note out ...
/www.benzinga.com/trading-ideas/long-ideas/16/06/8076756/guess-what-investors-still-love-bond-etfs alt=Guess What? Investors Still Love Bond ETFs>Full story available on Benzinga.com
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