10.07.2013 - Commodity ETF flows: Energy funds fuel inflows, GLD slips below $40 bln in AUM
Commodity exchange-traded products added nearly $800 million in the shortened week ending Wednesday, July 3, with the majority of inflows attributable to the energy sector. The SPDR Gold ETF (GLD) suffered outflows, however, dropping below $40 billion in total assets. Energy funds piled on $733 million, and precious metals snagged $193 million despite GLD's losses. Broad market (multicommodity) funds shed $78 million overall, agriculture lost $27 million, and industrial metal funds saw outflows of $25 million. Exchange-traded products (ETPs) include exchange-traded funds (ETFs), exchange-traded vehicles (ETVs), and exchange-traded notes (ETNs)...............................................Full Article: Source
Print