The 0-5Y Investment Grade Bonds segment experienced a slight correction on Thursday the 13th of June with a negative daily performance of -0.33%. On the same day, ETFs included in the segment collected +$24.57M via the primary market. This daily flow brings the week-to-date cumulated flows to a notable $+147.55M, +$114.58M month-to-date and $+960.65M year-to-date. The 15 funds included in the segment progressed on average by +0.35% over the last 30 days and by +2.98% since the beginning of the year. Investors may be reducing their exposure to longer-duration bonds as an inverted yield curve makes short-duration debt more attractive.
15 funds replicating the performance of 7 indices are included in the segment for a total of $16.3Bn of assets under management.