Australian ETF Review – March 2017

BY Ilan Israelstam | 18 April 2017
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Records broken again as industry continues to expand

The Australian ETF industry had a very strong month of growth, with new assets taking the industry to a fresh record high. Total industry FuM at the end of March was $27.4B, a growth of 4.8% or $1.2B. The majority of the growth (60%) came from new money inflows. Substantial trading activity was recorded with the industry also reaching a record high in trading value ($2.0B)

 

Market Cap

  • ASX Exchange Traded Funds Market Cap: $27.4B – New record high
  • Market cap growth for month:  +4.8%, + $1260.9m
  • Market cap growth for last twelve months: 28.4%, +$6.1B

Comment: This month was a ‘big one’ for the industry, with growth well north of $1B for the month. It was a ‘double whammy’ where both asset gains were recorded as well as substantial net net inflows into the industry.

New Money

  • New unit growth for month (units outstanding by number): 2.9%
  • Net new money (units outstanding by $ value): +$781.9m

Products

  • 202 Exchange Traded Products trading on the ASX
  • No new products launched this month

Trading Value

  • Average trading value up 27% from February, to reach a new record high for value traded ($2.6B)

Performance

Top 5 category inflows (by $) – March 2017

Category                                                          Inflow Value
Australian Equities $ 507,844,966
International Equities $ 113,903,328
Fixed Income $ 69,278,169
Cash $ 31,170,535
Australian Listed Property $ 21,124,289

Top category outflows (by $) – March 2017

Comment: No outflows at a broad category level

Top sub- category inflows (by $) – March 2017

Category                                                          Inflow Value
Australian Equities – Broad $ 459,662,980
Australian Bonds $ 52,150,704
International Equities – Developed World $ 49,888,292
International Equities – Sector $ 37,999,275
Cash $ 31,170,535
Comment: Some large institutional trading in broad Australian ETFs skewed the numbers somewhat but Australian equities were overall the number category. Australian bonds continued to take meaningful inflows.

Top sub- category outflows (by $) – March 2017

Category                                                                      Outflow Value
International Equities – Asia ($ 12,888,656)
Australian Equities – Large Cap ($  5,409,008)
Broad Commodities ($  1,058,604)
Soft Commodities ($  580,999)
 Australian Equities – Resources Sector  ($ 295,460)

 

4 Comments

  1. robert mcwilliam  |  April 19, 2017

    A review which includes the total management fee of each product would be useful.

    1. Ilan Israelstam  |  April 19, 2017

      Hi Robert,
      A list of all the management fees associated with our products is contained here – http://www.betashares.com.au/fund-list/all-funds/

      For management fees of products from other providers see the ASX website

  2. Theodore Hatsis  |  April 19, 2017

    Good afternoon.
    Is it possible to gets these updates in a pdf so we an download?
    Cheers

    1. Ilan Israelstam  |  April 19, 2017

      Hi Theodore,
      That is definitely something we can organise. We will have your account manager get in touch with you to organise

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