ICI.org -Washington, DC, – The estimated value of all exchange-traded fund1 (ETF) shares issued exceeded that of shares redeemed by $1.36 billion for the week ended August 3, 2016, the Investment Company Institute reported today. In addition to this report, ICI will also be publishing long-term mutual fund flows and a report that combines data for ETFs and mutual funds, available on the ICI website.
ETF Estimated Net Issuance
Millions of dollars
| 8/3/2016 | 7/27/2016 | 7/20/2016 | 7/13/2016 | 7/6/2016 | ||
| Equity | 1,970 | 4,985 | 4,475 | 17,492 | 3,411 | |
| Domestic | 1,429 | 4,090 | 2,190 | 16,055 | 5,471 | |
| World | 541 | 895 | 2,285 | 1,437 | -2,060 | |
| Hybrid | 17 | 16 | 18 | 28 | -16 | |
| Bond | -1,542 | 1,231 | 565 | 5,375 | 6,079 | |
| Taxable | -1,676 | 1,064 | 335 | 5,231 | 5,827 | |
| Municipal | 134 | 167 | 230 | 145 | 252 | |
| Commodity | 913 | -362 | 486 | -268 | 2,158 | |
| Total | 1,358 | 5,869 | 5,544 | 22,628 | 11,633 | |
Note: Components may not add to the total because of rounding. Includes funds not registered under the Investment Company Act of 1940.
Equity ETFs2 had estimated net issuance of $1.97 billion for the week, compared to estimated net issuance of $4.99 billion in the previous week. Domestic equity ETFs had estimated net issuance of $1.43 billion, and world equity ETFs had estimated net issuance of $541 million.
Hybrid ETFs2—which can invest in stocks and fixed-income securities—had estimated net issuance of $17 million for the week, compared to estimated net issuance of $16 million in the previous week.
Bond ETFs2 had estimated negative net issuance of $1.54 billion for the week, compared to estimated net issuance of $1.23 billion during the previous week. Taxable bond ETFs saw estimated negative net issuance of $1.68 billion, and municipal bond ETFs had estimated net issuance of $134 million.
Commodity ETFs2—which are ETFs (both registered and not registered under the Investment Company Act of 1940) that invest primarily in commodities, currencies, and futures—had estimated net issuance of $913 million for the week, compared to estimated negative net issuance of $362 million during the previous week.