Australian ETF industry reaches all-time high

BetaShares/ETFs/Australian-ETF-Review/funds-management/

15 February 2018
| By Anastasia Santoreneos |
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According to the BetaShares Australian ETF Review, the Australian Exchange Traded Fund (ETF) industry grew by nearly $600 million, with total funds under management (FUM) reaching an record high of $36.6 billion.

The review said new inflows accounted for 75 per cent of the FUM growth, with asset value appreciation accounting for the remainder.

The largest flows were in International Equities, while flows into Australian bonds were also strong despite recent market volatility.

The BetaShares Geared U.S. Equities Fund was the best performing exchange traded product, followed by Chinese equities exposures.

BetaShares Managing Director, Alex Vynokur, said although January is usually a quiet month for investors, the Australian ETF industry still managed to reach a new record.

“January was an interesting month too because of the allocations seen beyond the broad global equity ETFs, which included increased investments in Asia and Emerging Markets,” he said.

“These flows show that Australian investors are developing specific views in the international markets and implementing those views through ETFs, which deliver a cost-effective and simple way to access diversified overseas exposures.”

There are currently 226 Exchange Traded Products trading on the ASX. 

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