Earlier this week, the ETF Industry Association released its June 30 batch of ETF data, providing an interesting snapshot of this fast-growing industry. It should come as no surprise that ETF assets continue to surge; the industry is quickly closing in on 1,500 products and $1.2 trillion in assets. Looking a bit more closely at the stats for the ETF industry, however, reveals a number of interesting nuggets; below are ten facts about the pace of expansion that surprised us [sign up for the free ETFdb newsletter]: 10. PIMCO’s Year-Over-Year ETF Growth: 330% PIMCO was a relative latecomer to the ETF industry, but is wasting no time catching up to more established rivals. Thanks in large part to the extremely successful launch of an ETF version of its Total Return bond fund, PIMCO’s ETF assets have more than tripled during the past year. BOND has gathered more than $1.5 billion [...] Click here to read the original article on ETFdb.com. Related Posts: ETFs: The $10 Billion Club Alternatives To The 20 Most Popular ETFs The Most Successful ETFs Of All-Time 101 ETF Lessons Every Financial Advisor Should Learn New At ETFdb: ETF Scorecards Offer In-Depth Analysis And Ranking Of Every ETF
Earlier this week, the ETF Industry Association released its June 30 batch of ETF data, providing an interesting snapshot of this fast-growing industry. It should come as no surprise that ETF assets continue to surge; the industry is quickly closing in on 1,500 products and $1.2 trillion in assets. Looking a bit more closely at the stats for the ETF industry, however, reveals a number of interesting nuggets; below are ten facts about the pace of expansion that surprised us [sign up for the free ETFdb newsletter]: 10. PIMCO’s Year-Over-Year ETF Growth: 330% PIMCO was a relative latecomer to the ETF industry, but is wasting no time catching up to more established rivals. Thanks in large part to the extremely successful launch of an ETF version of its Total Return bond fund, PIMCO’s ETF assets have more than tripled during the past year. BOND has gathered more than $1.5 billion [...]
Click here to read the original article on ETFdb.com.
Related Posts:
