FXI, CHIM: Big ETF Outflows
July 21, 2015 at 10:53 AM EDT
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares China Large-Cap ETF (FXI), where 8,250,000 units were destroyed, or a 4.8% decrease week over week. And on a percentage change basis, the ETF with the biggest outflow was the China Materials ETF (CHIM), which lost 50,000 of its units, representing a 25.0% decline in outstanding units compared to the week prior.