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US exchange-traded fund and note assets dip 16 per cent in year to March

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The US National Stock Exchange has announced that assets in US-listed exchange-traded funds and exchange-traded notes totalled approximately USD489.2bn at March 2009 month-end, a decrea

The US National Stock Exchange has announced that assets in US-listed exchange-traded funds and exchange-traded notes totalled approximately USD489.2bn at March 2009 month-end, a decrease of 16 per cent from March 2008.

March 2009 net cash inflows from all ETFs/ETNs totalled USD8.1bn.

ETF/ETN notional trading volume totaled approximately USD2trn for March 2009, representing 38 per cent of all US equity trading volume.

In addition, at the end of March 2009, the number of listed products totaled 839, compared to 699 listed products one year ago.

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