{"id":25586,"date":"2021-08-14T12:02:39","date_gmt":"2021-08-14T10:02:39","guid":{"rendered":"http:\/\/starthostunlimiteddmffassi-ss.stackstaging.com\/etfworld.ch\/?p=25586"},"modified":"2021-08-24T12:06:25","modified_gmt":"2021-08-24T10:06:25","slug":"vanguard-etf-rueckblick-auf-den-europaeischen-etf-markt-juli","status":"publish","type":"post","link":"https:\/\/www.etfworld.com\/ch\/vanguard-etf-rueckblick-auf-den-europaeischen-etf-markt-juli\/","title":{"rendered":"Vanguard ETF: R\u00fcckblick auf den europ\u00e4ischen ETF-Markt: Juli"},"content":{"rendered":"<p style=\"text-align: justify;\">Vanguard ETF : In Europa domizilierte ETFs verzeichneten im Juli den sechzehnten Monat in Folge Zufl\u00fcsse in H\u00f6he von $13,8 Milliarden, gegen\u00fcber $17,3 Milliarden im Vormonat.<sup>1<\/sup><\/p>\n<p style=\"text-align: justify;\"><!--more--><\/p>\n<div class=\"col margin col-left\" style=\"text-align: justify;\">\n<p style=\"text-align: center;\"><a href=\"\/newsletter\"><strong>Abonnieren Sie unseren kostenloser Newsletter<\/strong><\/a><\/p>\n<hr \/>\n<\/div>\n<div class=\"col margin col-left\" style=\"text-align: justify;\">\n<p><strong>Andreas Zingg, Head of Switzerland &amp; Liechtenstein, Vanguard Investments Switzerland GmbH<\/strong><\/p>\n<hr \/>\n<ul>\n<li>Festverzinsliche ETFs \u00fcbernahmen in diesem Monat die F\u00fchrung und verzeichneten im Juli Zufl\u00fcsse in H\u00f6he von 7,8 Milliarden US-Dollar, was mehr als einer Verdreifachung im Vergleich zum Juni entspricht.<\/li>\n<li>Aktien-ETFs sammelten im Juli 5,9 Milliarden Dollar an neuem Fondsverm\u00f6gen ein, ein R\u00fcckgang gegen\u00fcber 14,7 Milliarden Dollar im Juni.<\/li>\n<\/ul>\n<p>Die in Europa domizilierten ETFs verzeichneten im Juli weiterhin stetige Zufl\u00fcsse und zogen insgesamt 13,8 Milliarden Dollar an, gegen\u00fcber 17,3 Milliarden Dollar im Vormonat. Der L\u00f6wenanteil der Zufl\u00fcsse entfiel auf festverzinsliche ETFs ($7,8 Milliarden), w\u00e4hrend sich die Zufl\u00fcsse in Aktien-ETFs verlangsamten und Nettozufl\u00fcsse von $5,9 Milliarden verzeichneten. Rohstoff-ETFs verzeichneten Nettoabfl\u00fcsse von $0,5 Milliarden.<\/p>\n<p>Bei den <strong>festverzinslichen Wertpapieren<\/strong> blieben die Staatsanleihen-ETFs im Juli der Spitzenreiter bei den Zufl\u00fcssen ($5,0 Milliarden), wobei sich die Zufl\u00fcsse gegen\u00fcber Juni verf\u00fcnffachten, da die Anleger die Renditeaussichten nach der Juli-Sitzung der US-Notenbank neu bewerteten. China ($1,8 Milliarden), die Eurozone ($1,4 Milliarden) und US-Staatsanleihen ($1,2 Milliarden) verzeichneten die st\u00e4rksten Zufl\u00fcsse. Unternehmensanleihen-ETFs erhielten im Juli mit $ 1,8 Milliarden an neuen Verm\u00f6genswerten die zweitgr\u00f6ssten Zufl\u00fcsse im Bereich der festverzinslichen Wertpapiere. Engagements in der Eurozone waren mit $2,1 Milliarden die Hauptnutznie\u00dfer, w\u00e4hrend Engagements in den Schwellenl\u00e4ndern und weltweit geringf\u00fcgige Abfl\u00fcsse zu verzeichnen waren ($0,2 bzw. $0,4 Milliarden).<\/p>\n<p><strong>Inflationsgebundene Anleihen-ETFs<\/strong> registrierten ebenfalls Zufl\u00fcsse ($1,0 Mrd.) und verdoppelten damit den Wert des Vormonats, wobei die gr\u00f6sste Allokation in inflationsgebundene US-Anlagen ($0,6 Mrd.) und Anlagen in der Eurozone ($0,3 Mrd.) floss. ETFs auf Hochzinsanleihen mussten im Juli Abfl\u00fcsse hinnehmen (-0,6 Mrd. USD), die haupts\u00e4chlich auf Nettoabfl\u00fcsse aus US-Hochzinsanleihen (-0,7 Mrd. USD) zur\u00fcckzuf\u00fchren waren, w\u00e4hrend ETFs auf Hochzinsanleihen der Eurozone \u00e4hnlich wie im Vormonat geringe positive Zufl\u00fcsse (0,3 Mrd. USD) verbuchten.<\/p>\n<p>Bei den <strong>Aktien<\/strong> lagen nachhaltige ETF-Strategien im Juli mit Zufl\u00fcssen in H\u00f6he von $4,8 Milliarden an der Spitze, angef\u00fchrt von Engagements in den USA ($1,7 Milliarden), w\u00e4hrend Engagements in der Welt, der Eurozone und den Schwellenl\u00e4ndern jeweils etwa $0,6 Milliarden zulegten. Core-Aktien-ETFs verzeichneten im Berichtsmonat Zufl\u00fcsse in H\u00f6he von $ 4,4 Milliarden, vor allem durch Engagements in den USA ($ 2,2 Milliarden) und weltweit ($ 1,8 Milliarden). Smart-Beta- und Marktsegment-Aktien-ETFs verzeichneten im Juli Abfl\u00fcsse von jeweils rund -$1,8 Milliarden. Geografisch gesehen entfielen -$1,0 Milliarden der Abfl\u00fcsse aus Smart-Beta-ETFs auf Engagements in den USA, w\u00e4hrend bei den Segment-ETFs die Welt und das Vereinigte K\u00f6nigreich mit -$1,4 bzw. -$0,8 Milliarden die beiden gr\u00f6ssten Verlierer waren.<\/p>\n<p><strong>Rohstoff-ETFs<\/strong> verzeichneten im Juli ein negatives Wachstum (-$0,5 Milliarden), da Abfl\u00fcsse in H\u00f6he von -$623 Millionen aus breit angelegten Rohstoff-Engagements teilweise durch Zufl\u00fcsse in Edelmetallprodukte in H\u00f6he von $213 Millionen ausgeglichen wurden.<\/p>\n<h6><strong>Vanguard UCITS-ETFs<\/strong><\/h6>\n<p>Die Vanguard UCITS ETFs erzielten im Juli Zufl\u00fcsse in H\u00f6he von rund $1,5 Milliarden, wobei die Zufl\u00fcsse in die Aktien-ETFs ($1,0 Milliarden) etwa doppelt so hoch waren wie die Zufl\u00fcsse in festverzinsliche Produkte ($0,5 Milliarden).<\/p>\n<p>Die Zufl\u00fcsse in Aktien-ETFs erfolgten haupts\u00e4chlich in den Vanguard S&amp;P 500 UCITS ETF ($0,7 Milliarden) und den Vanguard FTSE All-World UCITS ETF ($0,4 Milliarden), w\u00e4hrend der Vanguard FTSE 250 UCITS ETF (-$0,3 Milliarden) einen R\u00fcckgang der Abfl\u00fcsse verzeichnete.<\/p>\n<p>Im Bereich der nachhaltigen Aktien verzeichnete der Vanguard ESG Global All Cap UCITS ETF einen weiteren Verm\u00f6genszuwachs und n\u00e4hert sich nun einem verwalteten Verm\u00f6gen von 145 Millionen US-Dollar. Die Zufl\u00fcsse bei den festverzinslichen Wertpapieren flossen erneut weitgehend in den Vanguard USD Corporate 1-3 Year Bond UCITS ETF und den Vanguard Global Aggregate Bond UCITS ETF (zusammen 0,3 Mrd. USD).<\/p>\n<p><span style=\"font-size: 8pt;\">[1] Quelle: Vanguard, ETFbook, 30. Juli 2021. Daten erhoben am 3. August 2021<\/span><\/p>\n<p>Quelle : ETFWorld<\/p>\n<\/div>\n<p><!-- [if gte mso 9]><xml>  <o:OfficeDocumentSettings>   <o:AllowPNG\/>  <\/o:OfficeDocumentSettings> <\/xml><![endif]--><!-- [if gte mso 9]><xml>  <w:WordDocument>   <w:View>Normal<\/w:View>   <w:Zoom>0<\/w:Zoom>   <w:TrackMoves\/>   <w:TrackFormatting\/>   <w:HyphenationZone>14<\/w:HyphenationZone>   <w:PunctuationKerning\/>   <w:ValidateAgainstSchemas\/>   <w:SaveIfXMLInvalid>false<\/w:SaveIfXMLInvalid>   <w:IgnoreMixedContent>false<\/w:IgnoreMixedContent>   <w:AlwaysShowPlaceholderText>false<\/w:AlwaysShowPlaceholderText>   <w:DoNotPromoteQF\/>   <w:LidThemeOther>IT<\/w:LidThemeOther>   <w:LidThemeAsian>X-NONE<\/w:LidThemeAsian>   <w:LidThemeComplexScript>X-NONE<\/w:LidThemeComplexScript>   <w:Compatibility>    <w:BreakWrappedTables\/>    <w:SnapToGridInCell\/>    <w:WrapTextWithPunct\/>    <w:UseAsianBreakRules\/>    <w:DontGrowAutofit\/>    <w:SplitPgBreakAndParaMark\/>    <w:EnableOpenTypeKerning\/>    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UnhideWhenUsed=\"true\" Name=\"Table Web 3\"\/>   <w:LsdException Locked=\"false\" SemiHidden=\"true\" UnhideWhenUsed=\"true\" Name=\"Balloon Text\"\/>   <w:LsdException Locked=\"false\" Priority=\"39\" Name=\"Table Grid\"\/>   <w:LsdException Locked=\"false\" SemiHidden=\"true\" UnhideWhenUsed=\"true\" Name=\"Table Theme\"\/>   <w:LsdException Locked=\"false\" SemiHidden=\"true\" Name=\"Placeholder Text\"\/>   <w:LsdException Locked=\"false\" Priority=\"1\" QFormat=\"true\" Name=\"No Spacing\"\/>   <w:LsdException Locked=\"false\" Priority=\"60\" Name=\"Light Shading\"\/>   <w:LsdException Locked=\"false\" Priority=\"61\" Name=\"Light List\"\/>   <w:LsdException Locked=\"false\" Priority=\"62\" Name=\"Light Grid\"\/>   <w:LsdException Locked=\"false\" Priority=\"63\" Name=\"Medium Shading 1\"\/>   <w:LsdException Locked=\"false\" Priority=\"64\" Name=\"Medium Shading 2\"\/>   <w:LsdException Locked=\"false\" Priority=\"65\" Name=\"Medium List 1\"\/>   <w:LsdException Locked=\"false\" 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