By Drew Voros
Energy funds attract nearly $2 billion in new flows. Investors returned to commodity-related, exchanged-traded products over the last week, led by energy and precious metals, which saw nearly $2.4 billion of inflows into commodity ETPs.
Energy grabbed the lion's share of flows, pulling in $1.9 billion in new capital, followed by precious metals with $469 million, industrial metals with $7.8 million and agriculture with $5 million.
The only sector to see outflows was broad market (multicommodity), which saw $11.9 million flow out.
Commodity ETPs include exchange-traded funds (ETFs), exchange-traded notes (ETNs) and exchange-traded vehicles (ETVs).
Energy funds dominated the top inflows, led by iShares U.S. Energy (IYE) with $794 million of inflows, a 65 percent jump in AUM; followed by SPDR Gold (GLD) with $347 million; First Trust Energy AlphaDex (FXN) with $341 million, a 224 percent increase; SPDR S&P Oil & Gas Exploration &