ETF Assets Slipped in December: ICI

Jan. 28, 2003 — The combined assets of the nation’s

exchange-traded funds (ETFs) totaled about $102.1 billion at the end of

December, down from $109.7 billion at the end of November, according to data

released by the Investment Company Institute (ICI).

At the end of December, 113 ETFs were in operation, down from a revised

figure of 116 in the prior month. Of that total, 66 ETFs tracked domestic

stock indexes and held assets of $92.9 billion. Thirty-nine ETFs tracked

international/global equity indexes and held assets of $5.3 billion. Eight

bond index ETFs held assets of $3.9 billion.

The ICI noted that assets of domestic equity ETFs decreased by $7.63

billion, while international equity ETF assets increased by $45 million.