Australian ETF Review

Published 15/02/2017, 02:36 pm
GDX
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Originally published by BetaShares

Industry starts the year slowly, product development continues

The ETF industry took a rare pause in its growth trajectory in the first month in 2017, with the industry ending the month at $25.2 B – slightly down on the industry’s record level set in December. Total funds under management reduced $521m although virtually all of this was related to market movements (rather than results of net outflows).

Chart

Market Cap

  • ASX Exchange Traded Funds Market Cap: $25.2B – slightly down on record from December
  • Market cap growth for month: -2.0%, -$521.3m
  • Market cap growth for last twelve months: 23.5%, +$4.8B

New Money

  • New unit growth for month (units outstanding by number): 0.5%
  • Net new money (units outstanding by $ value): -$30.2m

Products

  • 201 Exchange Traded Products trading on the ASX

Comment: Three new products launched this month, BetaShares Global Sustainability Leaders ETF, BetaShares Strong Australian Dollar Fund (hedge fund) and the BetaShares Strong US Dollar Fund (hedge fund).

Trading Value

  • Average trading value remained stable vs last month

Performance

  • Best performers this month were BetaShares Global Gold Miners ETF (NYSE:GDX) (currency hedged), and VanEck Vectors Gold Miners ETF.

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