U.S. equity ETFs have pulled in $12 billion this month after attracting $14 billion in September, Bloomberg reported. Europe ETFs have not been slouches on the inflows front and that is especially true this month.
Excluding special dividends, payouts from companies in the MSCI Europe ex-U.K. Index will rise 6.8% to $251.2 billion this fiscal year, research firm Markit recently said. [Bank on European Bank Dividends With These ETFs]
Tom Lydon’s clients own shares of EEM, IWM and QQQ.