Average ETF trade value down

14 October 2015
| By Staff |
image
image
expand image

The average value of exchange traded fund (EFT) transactions fell by 22 per cent month on month in September, after a 23 per cent rise in value in August, research reveals.

Despite the fall in average trade values, the market saw a $200 million increase in funds under management (FUM), having fallen to $19 billion in August from a record high of $19.7 billion in July, the BetaShares Australian ETF Review for the month ending September 2015 found.

BetaShares managing director, Alex Vynokur, said, "Global market volatility was not enough to dampen the appetite for exchange traded products in September".

"The positive net inflows means Australian investors are increasingly using these products to mitigate against falling markets, in addition to taking advantage of rising markets," he said.

"There was again strong appetite for our Bear Funds throughout the month, as investors sought a simple way to protect against falls in Australian and US share markets."

Net outflow activity by category was low throughout September, and solely confined to outflows in commodities.

One new product was launched in September, taking the total number of new products launched this year to 42, compared with 12 new products launched in total in 2014.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 1 day ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week 1 day ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 2 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND