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Assets Under Management (AUM)

What is Assets Under Management (AUM)?

Assets under management is the total market value of the investments a fund, manager or firm looks after for clients. It rises and falls with both market moves and money flowing in or out.

Why it matters

For a fund, higher AUM can mean economies of scale and easier trading, though very large funds can find it hard to move nimbly. For ETFs, AUM is a quick gauge of popularity.

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