Originally published by BetaShares
ETF industry breaks the $30B barrier
The Australian ETF industry once again had a positive month, with net cash inflows taking the industry to a fresh record high as the industry broke $30B for the first time. Total industry FuM at the month end was $30.1B, which is a growth of 2.3% ($725m) for the month. In a month where the Australian sharemarkets were flat, 100% of the growth came from net inflows rather than asset appreciation.
Market Size & Growth
Market Cap
- ASX Exchange Traded Funds Market Cap: $30.1B– new record high
- Market cap growth for year: 2.3%, +$688.4B
New Money
- New unit growth for year (units outstanding by number): 2.1%
- Net new money (units outstanding by $ value): +$724.5B
Products
- 212 Exchange Traded Products trading on the ASX
- New products: 1 new product launched this month and 1 product closed
Trading Value
- Trading value down 11% after previous month’s record
Comment: Even though trading value was down, it’s important to note this was off the back of a record month last month. Overall trading values continue to trend higher.
Performance
- Geared Australian Dollars (via AUDS) and Crude Oil ETF (via OOO) the best performing funds this month
Comments: Investors in more tactical exposures were rewarded in terms of performance this month.
