The ETF flows winners and losers in April
Betashares has highlighted the top 10 exchange-traded funds (ETFs) for both inflows and outflows in the month of April.
The Australian ETF industry has broken its six-month growth streak with a funds under management (FUM) decline of $1.7 billion down to $195 billion. This was due to global share market declines, despite the market bringing in positive inflows of $1.2 billion.
According to the monthly Betashares Australian ETF Review, BlackRock’s iShares products took the top three spots for highest inflows last month.
The iShares S&P 500 ETF brought in the greatest inflows during April at $220.8 million. This was followed by the iShares Core FTSE Global Infrastructure (AUD Hedged) ETF at $153.2 million, and the iShares Core S&P/ASX 200 ETF at $144.5 million.
The top 10 products by inflow value are as follows:
| ETF | Inflow value |
| iShares S&P 500 ETF | $220,762,131 |
| iShares Core FTSE Global Infrastructure (AUD Hedged) ETF | $153,191,900 |
| iShares Core S&P/ASX 200 ETF | $144,485,031 |
| Vanguard MSCI Index International Shares ETF | $119,241,692 |
| VanEck MSCI World Ex-Australia Quality ETF | $101,317,119 |
| iShares Physical Gold ETF | $98,384,187 |
| iShares Government Inflation ETF | $94,689,011 |
| Loftus Peak Global Disruption Fund (Managed Fund) | $76,328,046 |
| Vanguard Australian Shares High Yield ETF | $67,035,885 |
| iShares Core FTSE Global Property Ex Australia (AUD Hedged) ETF | $65,058,842 |
Meanwhile, the monthly review also outlined the 10 products which saw the highest outflows in April.
The Magellan Global Fund (Open Class) (Managed Fund) took the top spot with outflows of $239.5 million, while the iShares Edge MSCI World Minimum Volatility ETF came in second at $184.4 million.
The Vanguard Australian Shares Index ETF, which currently has the largest market cap in the ETF industry at $14.7 billion, lost $76.6 million in outflows last month.
The top 10 funds for outflows are as follows:
| ETF | Outflow value |
| Magellan Global Fund (Open Class) (Managed Fund) | $239,546,573 |
| iShares Edge MSCI World Minimum Volatility ETF | $184,421,893 |
| Vanguard Australian Shares Index ETF | $76,611,420 |
| iShares Treasury ETF | $62,368,390 |
| iShares Enhanced Cash ETF | $49,366,389 |
| Global X Physical Gold | $46,140,078 |
| iShares MSCI Japan ETF | $45,071,763 |
| iShares FTSE China Large-Cap ETF | $41,681,191 |
| iShares Core Global Corporate Bond (AUD Hedged) ETF | $40,543,954 |
| iShares S&P Europe ETF | $33,705,063 |
AUTHOR
Jasmine Siljic
Recommended for you
Australian and New Zealand sustainable funds saw outflows of more than $1.2 billion in the second quarter of 2024, according to Morningstar, with active strategies accounting for the majority.
Maple-Brown Abbott has finalised an agreement to be acquired by a rival fund manager to create a firm with $18.6 billion in assets under management, just two months after its former CEO exited to lead Magellan.
Following a strategic review, Platinum has announced it will merge its two listed investment companies with two of its quoted managed hedge funds.
With potential US interest rate cuts on the horizon, Income Asset Management believes now is an ideal time to be investing into the corporate bond market.
Add new comment