As of May 31, the U.S. ETF industry has more than $1.1 trillion in assets under management comprising 1,251 funds, growing by $75 billion since the end of 2011, for asset growth of 7.1 percent, State Street Global Advisors announced last week.
Amid signs the low interest rate environment will continue, U.S. exchange-traded funds saw more than $60 billion of inflows in the first five months of 2012, with dividend/fundamental ETFs the most popular category, as in 2011. Investors so far in 2012 have added $8.9 billion of inflows to dividend/fundamentals.
In addition, a total of 17 different providers launched 100 new funds, wrote State Street Global Advisors strategist David Mazza of SPDR ETF Strategy & Consulting, in his report, 2012 ETF & Investment Outlook: Sinking or Swimming?
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