ETFs hit new FUM and trading activity records in March

BetaShares/ETFs/

18 April 2017
| By Oksana Patron |
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The Australian exchange traded fund (ETF) industry hit a new record of $27.4 billion in funds under management (FUM) at the end of March, according to BetaShares Australian ETF Review – March 2017.

According to the study, around 60 per cent of the growth came from new money flows ($782 million) while the remaining 40 per cent accounted for by net asset value appreciation.

BetaShares’ managing director, Alex Vynokur, said: “Both the strong inflows coming into ETFs and the strong market performance resulted in a very positive month for the Australian ETF industry.”

 “We see that investors are currently taking advantage of the full spectrum of investment alternatives provided by Australian ETFs, which today provide exposure to all asset classes. 

“This wide range of alternatives will continue to drive more inflows and trading activity in the ETF space in the coming months,”

The study also found that the highest flows in March were in the Australian equities category, along with good flows into Australian bonds, and virtually no outflows recorded at either a category or sub-category level.

The best performing funds were via European Equities exposures and BetaShares Geared Australian Equity Fund (hedge fund) at 7.2 per cent  and 7.1 per cent, respectively.

 

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