ETFs in the US had inflows of around $25.4bn in September with funds tracking US stocks gathering the most assets, according to Morningstar.
A report by the firm shows ETFs based on US stocks saw inflows of $16.7bn. Year-to-date, the US ETF market saw inflows of $64.9bn. Inflows into the highly traded SPDR S&P 500 and PowerShares QQQ funds fuelled asset gains for US stocks overall, although the predominant theme is investor appetite for dividends. Other funds which have seen increased demand are the iShares Dow Jones Select Dividend and Vanguard Dividend Appreciation ETFs. The report shows TIPS ETFs saw outflows on deflationary concerns, while commodities and REIT ETFs, which serve as an inflation hedge, have risen in popu...
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