WisdomTree's net inflow reached $577 million in May
WisdomTree, Inc. today released its monthly metrics for May 2024, including assets under management (AUM) and flow data by asset class, with the following highlights:
1. WisdomTree achieved a net inflow of $577 million in May, of which 6 of the 8 major product categories achieved positive inflows, and the general inflow fund rate was higher than our overall mixed rate;
WisdomTree's portfolio of US-listed ETFs and offshore UCITS ETFs generated a combined net inflow of $953 million this month, bringing together net inflows of nearly $3.80 billion so far in 2024.
3. Net outflows from WisdomTree's tactical products, European commodities and currencies, and leveraged and inverse product suites, which tend to have more volatile flow characteristics, were approximately $360 million;
4. With the launch in Washington State and New Hampshire, WisdomTree Prime ® now reaches over 78% of the U.S. population.