Originally published by BetaShares
Industry crosses $38B mark
The Australian ETF industry continued to grow last month, reaching a record high of $38.4B. The Industry grew 1.4% in the month ($534m), the vast majority (~90%) of which came from new inflows, rather than asset appreciation. Read on for details of the month in ETFs.
Market cap
- ASX Exchange Traded Funds Market Cap: $$38.4B – New Record High
- Market cap growth for month: +1.4%, $534m
- Market cap growth for the last 12 months: 32%, +$9.4B
New money
- New unit growth for month (units outstanding by number): 1.1%
- Net new money (units outstanding by $ value): +$475m
Comment: The industry grew 1.4% in the month ($534m), the vast majority (~90%) of which came from new inflows, rather than asset appreciation.
Products
- 234 Exchange Traded Products trading on the ASX
Trading value
- Average trading value up 10% month on month
Performance
- Best performing ETFs were U.S. equities products, particularly those providing exposure to small cap US stocks
