August ETF Stats: Keeping The Winning Streak Alive (Just Barely)

Total ETF assets declined by almost 4% in August thanks to abysmal performances from equity markets around the globe. But the industry kept its monthly winning streak alive, managing to generate net inflows of about $2 billion during one of the worst months performance wise since late 2008. Not surprisingly, fixed income ETFs saw a surge in interest; inflows to bond products during the month topped $4.7 billion according to the latest statistics from the National Stock Exchange. And while investors fled from international stock markets (to the tune of net outflows of about $5.6 billion), U.S. equity ETFs actually saw net inflows. One interesting figure was the size of net inflows into long leveraged U.S. equity funds; this corner of the market took in more than $3 billion in new cash. The ETF industry has enjoyed three consecutive months of net inflows; May saw about $1 billion in net [...] Click here to read the original article on ETFdb.com. Related Posts: ETFs To Watch As Debt Ceiling Deadline Nears July ETF Stats: $13 Billion of Inflows Hedge Funds Are Buying Up Gold ETFs, Should You? May ETF Stats: Month Of Net Outflows March ETF Stats: Another Solid Quarter