BetaShares Australian ETF Review | April 2018 | BetaShares ETFs

BetaShares Australian ETF Review – April 2018

BY Ilan Israelstam | 15 May 2018
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Australian ETF Review - April 2018

Industry returns to growth, aided by strong markets

After last month’s rare industry dip, the Australian ETF industry returned to its growing ways this month, aided by strong performance in both global and Australian sharemarkets – reaching a record high in FuM of $37.9B. Read on for details of the month in ETFs.

ETF Review April 2018

Market cap

  • ASX Exchange Traded Funds Market Cap: $37.9B – New Record High 
  • Market cap growth for month: +3.6%,  $1, 307m
  • Market cap growth for the last 12 months: 34%,+ $9.6B

New money

  • New unit growth for month (units outstanding by number): 1.0%
  • Net new money (units outstanding by $ value): +$230.9m

Comment: Despite the industry growing a significant 3.6% for the month ($1.3B), net new money for the industry was actually relatively low at $231m, with the bulk (85%) of the industry growth coming from asset appreciation rather than net inflows.

 Products

  • 232 Exchange Traded Products trading on the ASX
  • 3 new products launched this month, two multi-factor Active ETFs by Vanguard and an Emerging Markets ETF by VanEck

Trading value

  • Average trading value down 8% month on month

Performance

Comment: With all major sharemarkets performing strongly this month, it was Resources/Energy exposures that performed the strongest. QRE also received the highest level of inflows in the industry this month.

Top 5 category inflows (by $) – April

Category                                                          Inflow Value
International Equities $ 130,703,658
Fixed Income $ 70,479, 102
Australian Equities $ 48,980, 811
Multi-Asset $ 18,446, 845
Currency $ 12,624, 116

Top category outflows (by $) – April

Category                                                          Inflow Value
Cash $ 32, 779, 672
Australian Listed Property $ 21, 590, 302
Short $ 6, 182, 835

Top sub-category outflows (by $) – April

Category                                                          Outflow Value
Australian Equities – Broad ($ 95, 790, 426)
Cash ($ 32, 779, 672)
Australian Listed Property ($ 21, 590, 302)
International Equities – Sector                  ($ 5, 368, 979)
Australian Equities – Short ($ 4, 560, 465)

Top sub-category inflows (by $) – April

Category                                                          Inflow Value
International Equities – Developed World $ 108,539,769
Australian Equities – Resources Sector $ 68,389,160
Australian Bonds $ 64,873,761
Australian Equities – Ethical $ 32,279,555
Australian Equities – High Yield $ 18,800,441

Top sub-category Outflows (by $) – April

Category                                                          Inflow Value
Australian Equities – Broad $ 95,790,426
Cash $ 32,779,682
Australian Listed Property $ 21,590,302
International Equities – Sector $ 5,368,979
Australian Equities – Short $ 4,560,465