20.03.2013 - Broad commodity ETFs get inflows as investors flee gold funds
Commodity exchange-traded fund investors have put money into funds with wider commodities exposure after pulling record amounts from bullion-specific funds as the price of gold tumbled, data from funds tracker Lipper showed. U.S.-based ETFs tagged as "General Commodities Funds" attracted more than $1 billion in February, their highest in nearly a year after outflows from September though December, the data showed. They had inflows of a little more than $1 billion in January and were headed for another positive month in March...............................................Full Article: Source
Print