In February, currency hedged exchange-traded funds (ETF) saw inflows of $3.10 billion, bringing year-to-date net new money into this sub-sector to $7.17 billion. However, the total

ETFGI's report shows currency hedged ETFs and ETPs listed globally gathered net inflows of US$3.10 billion during February 2020. However, total assets invested in currency hedged ETFs has decreased by 2.2 percent to $177 billion.

The information comes ETF consultancy ETFGI, which added that despite the slight decline in assets held in currency hedged ETFs, the amount, $177 billion, still represented the third highest on record.

“At the end of February, the S&P 500 was down 8.2% as coronavirus cases continued to spread and the potential economic impact weighed on investors and the markets. Outside the U.S., the S&P Developed ex-U.S. BMI declined nearly 9.0%. The S&P Emerging BMI lost 5.1% during the month. Global equities as measured by the S&P Global BMI ended down 8.1% with 49 of 50 included country indices down, while China gained 0.9%.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

At the end of February 2020, there were 783 currency hedged ETFs/ETPs, with 1,709 listings, assets of $177 billion, from 73 providers listed on 29 exchanges in 22 countries.

During the month, mixed exposures gathered the largest net inflows with $1.42 billion, followed by United States exposures with $1.29 billion and Global-Developed exposures with $707 million, while Asia Pacific-Developed exposures experienced the largest net outflows with $656 million.