03.06.2016 - Defensive ETFs Dominate May Flows
Investors poured just $2.1 billion into U.S.-listed ETFs in May, putting year-to-date ETF net creations at only $49 billion, about half of May 2015’s net inflows of $84 billion. The asset-gathering pace has been slow—much slower than the industry has gotten accustomed to—and investors continue to pile in to defensive-type strategies as the market chops sideways...............................................Full Article: Source
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