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Hopes are high again for buying low

ETFs that track value stocks get US$5.5b in fresh funds but it's too early to declare victory asĀ forces underpinning lower returns are still in place

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"Money will go to the Facebooks, the Amazons, the Googles, because no matter what happens to the economy, they're going to continue to grow at a rapid pace," says David Chalupnik, head of equities at Nuveen Asset Management.

New York

EXCHANGE-TRADED funds that track value stocks, the ones trading cheapest to earnings and book value, have received US$5.5 billion of fresh cash in 2016, data compiled by Bloomberg shows. The inflows stand out in a market where money is being withdrawn from practically everything

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