Australian (16)
International (27)
Global
Regional / Country
Sector
Currency Hedged
Cash & Fixed Income (7)
Diversified (4)
Hybrids (2)
Equity Income (6)
Technology (7)
Ethical (8)
Geared (6)
Short (3)
Property (1)
Commodity (2)
Currency (5)
Managed Risk (3)
Active (5)
Share
The Australian exchange traded funds industry hit an all-time high for funds under management in July, reversing a rare month of negative growth in June. The industry ended the month at $23.4B, growing approx. $900m for the month (4% monthly growth). Despite strong sharemarket performance throughout the month, investors still seem cautious with strong inflows in cash and fixed income.
Market Size & Growth
- ASX Exchange Traded Funds Market Cap: $23.4B – New all-time record
- Market cap growth for month: +4%, +$894.3m
- Market cap growth for last twelve months: 17.5%, +$3.5B
New Money
- New unit growth for month (units outstanding by number): +2.5%
- Net new money (units outstanding by $ value): +$215.3m
Comment: Strong sharemarket performance aided the industry’s growth, with over 70% of the month’s growth coming from asset value appreciation.
Products
- 179 Exchange Traded Products trading on the ASX
- 4 new products launched this month
- 1 product closure this month
Comment: We added two new funds to the Global Sector Series – BetaShares Global Energy Companies ETF – Currency Hedged (FUEL), BetaShares Global Gold Miners ETF – Currency Hedged (MNRS). Magellan and ANZ ETFs each launched a new product. VanEck Vectors Emerging Resources ETF (MVE) was closed and replaced under the same code by a Mid-Cap Exposure.
Trading Value
Average trading value increased 51% month on month
Performance
Best performers this month were Palladium and the BetaShares Geared Australian Equity Fund (GEAR)
Top 5 category inflows (by $) – Month
| Category | Inflow Value | |
| International Equities | $153,298,296 | |
| Fixed Income | $123,006,948 | |
| Cash | $75,549,376 | |
| Australian Listed Property | $13,996,816 | |
| Currency | $9,121,007 | |
Top 5 category outflows (by $) – May 2016
| Category | Outflow Value | |
| Australian Equities | ($157,224,539) | |
| Short | ($4,411,030) | |