ETFs seeking to replicate materials large cap stocks indices experienced a recent surge of inflows, with yesterday’s market session adding +$131,36M of new shares via the primary market despite a negative daily performance standing at -3,60%. The materials sector gathers companies involved in the discovery, development and processing of raw materials. The bear run started mid-February continues and yesterday’s selloff brought the year-to-date cumulated performance down to -11,19%. Over the same period, net cumulative flows are positive at +$166,17M. 10 funds tracking 7 indices are included in the segment for a total of $4,01Bn of assets under management.