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ICI reports ETF assets and net issuance

Assets of all exchange-traded funds rose in February by $85.58 billion

March 29, 2014 1:30 IST | India Infoline News Service
The combined assets of the nation’s exchange-traded funds (ETFs) were $1.700 trillion in February, according to ICI. The Institute’s monthly statistical collection also includes the value of shares issued and redeemed by exchange-traded funds.

Assets of all exchange-traded funds rose in February by $85.58 billion, or 5.3 percent, to $1.700 trillion. Over the past 12 months, ETF assets increased $292.38 billion, or 20.8 percent. Assets in domestic equity ETFs increased $223.11 billion since February 2013, and global equity ETF assets rose $46.98 billion during this period. At the end of February 2014, assets of bond funds were $266.45 billion and hybrid funds were $1.61 billion.

During February, the value of all ETF shares issued exceeded that of shares redeemed by $19.51 billion. In February 2013, the value of all ETF shares issued exceeded that of shares redeemed by $7.88 billion.

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