ETFs seeking to replicate Retail Stocks indices experienced a negative daily performance of -1,81% during yesterday’s market session as well as $-8,81M of outflows from the primary market.
This correction brought the month-to-date performance to +5,08% while cumulated flows over the same period are flat at $-5,57M. Investors seem to lock-in their profits after quite a good month. Since the beginning of the year, the 11 funds included in the segment progressed on average by +16,46% while investors have withdrawn $432,79M of shares over the same period. The Retail Stocks TrackInsight segment includes 11 funds tracking 8 indices for a total of $659M of assets under management.