WisdomTree saw net inflows of $577 million in May
WisdomTree, Inc. released its monthly indicators for May 2024, including assets under management (AUM) and flow data classified by asset type. The key points are as follows: 1. WisdomTree achieved a net inflow of $577 million in May, with six out of eight product categories experiencing positive inflows, and the funds with generally higher inflows having fees higher than our overall blended rate; 2. WisdomTree's US-listed ETF and offshore UCITS ETF portfolios generated a combined net inflow of $953 million this month, accumulating a net inflow of nearly $3.8 billion year-to-date in 2024; 3. The net outflow of funds from WisdomTree's tactical products, European commodities and currencies, and leveraged and inverse product suites was approximately $360 million, with these products often having more unstable liquidity characteristics; 4. With its launch in Washington and New Hampshire, WisdomTree Prime® now covers over 78% of the US population.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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