Australian ETF Review – March 2017
Ilan Israelstam | Apr 19, 2017 12:52
Originally published by BetaShares h2 Records broken again as industry continues to expand/h2
The Australian ETF industry had a very strong month of growth, with new assets taking the industry to a fresh record high. Total industry FuM at the end of March was $27.4B, a growth of 4.8% or $1.2B. The majority of the growth (60%) came from new money inflows. Substantial trading activity was recorded with the industry also reaching a record high in trading value ($2.0B)
h2- ASX Exchange Traded Funds Market Cap: $27.4B – New record high
- Market cap growth for month: +4.8%, + $1260.9m
- Market cap growth for last twelve months: 28.4%, +$6.1B
Comment: This month was a ‘big one’ for the industry, with growth well north of $1B for the month. It was a ‘double whammy’ where both asset gains were recorded as well as substantial net net inflows into the industry.
h2 New Money/h2- New unit growth for month (units outstanding by number): 2.9%
- Net new money (units outstanding by $ value): +$781.9m
- 202 Exchange Traded Products trading on the ASX
- No new products launched this month
- Average trading value up 27% from February, to reach a new record high for value traded ($2.6B)
Performance
- Best performers this month were European equities exposures and the BetaShares Geared U.S. Equities Fund – Currency Hedged (hedge fund).
Get The App
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.