Monday, May 12, 2008

Exchange Traded Fund Assets Grow 28%

As of March-2008, assets in exchange traded funds grew 28%. The Investment Company Institute reported assets in ETFs grew to $571 billion as of March-2008. This compares to $444 billion in March-2007. During that same time period, the number of exchange traded funds increased to 644 funds versus 454 funds at the end of March 2007.

(click on table/graph for larger image)

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