Activity for the active ETF market was fairly mild for the previous week with net assets increasing slightly higher, reaching about $14.7 billion. No active ETF products launched last week, but there was growth in the short term bond category, as well as downward movement among the global bond and foreign bond categories, which included PIMCO's Total Return ETF as a notable decliner. The most substantial growth in assets during the first week of December was attributed to about $127 million in the PIMCO Enhanced Short Duration ETF and $26 million in the RiverFront Strategic Income Fund.
There are risks involved with investing in ETFs including possible loss of money. Shares are actively managed and are subject to risk similar to stocks, including those related to short selling and margin maintenance. Ordinary brokerage commissions apply.
Shares are not individually redeemable and owners of the shares may acquire those shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations only, typically consisting of 50,000 shares.
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