Shares Outstanding in DFE between July 1, 2013, and January 21, 2014
Between July 1, 2013 and January 21, 2014, DFE took in over half a billion dollars in net new inflows. It is important to note that AUM in an ETF can rise and fall based on two factors: inflows/outflows for the fund, and market movement in the underlying securities.
How did this happen?
In our opinion, the best way to participate in the European recovery is through the small-capitalization segment of the equity market. Here is a recent blog post written by our Director of Research that outlines the European recovery. In addition, DFE remains the only broad European small-cap ETF in the U.S. market today2, and we believe that weighting small caps by fundamental factors is one of the best ways to achieve small-cap exposure. The ETF industry is full of examples like this one, and DFE is another example of how an innovative and passive strategy can provide the right access for investors.
1Source: Bloomberg.
2Source: ETF Database
Important Risks Related to this Article
There are risks associated with investing, including possible loss of principal. Foreign investing involves special risks, such as risk of loss from currency fluctuation or political or economic uncertainty. Funds focusing their investments on certain sectors and/or smaller companies increase their vulnerability to any single economic or regulatory development. This may result in greater share price volatility. Please read the Fund’s prospectus for specific details regarding the Fund’s risk profile.
Investments focused in Europe are increasing the impact of events and developments associated with the region, which can adversely affect performance. Past performance is not indicative of future results.