Assets of the nation’s exchange-traded funds rose 10.9% in October to slightly more than $1 trillion, according to the Investment Company Institute’s latest report on ETFs. That’s up $131.4 billion, or 14.2%, from a year ago.
Assets in domestic equity ETFs experienced the largest gains, hitting $615.4 billion, up 19% from October 2010. Global equity ETF assets rose $2.1 billion, or .8%, to $264.9 billion during this period. At the end of October 2011, assets of bond funds were $174.2 billion and hybrid funds were $386 million.
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