Exchange-traded funds (ETFs) joined the party last month. Assets invested in the funds jumped more than nine percent to $88 billion, reported the Investment Company Institute. The rise in assets came across the board. The largest gain was seen in international offerings, which grew their assets by more than 24 percent.
ETF Assets by Month
|
Month |
Domestic (Broad-based) |
Domestic (Sector/ Industry) |
Total Domestic |
Global/ International |
All |
Feb-02 |
74,791 |
9,554 |
84,344 |
3,859 |
88,203 |
Jan-02 |
68,950 |
8,841 |
77,791 |
3,100 |
80,891 |
Mar-02 |
70,624 |
8,430 |
79,053 |
2,955 |
82,009 |
Source: Investment Company Institute, ICI
|
 
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