Australian Shares
Equity Income
Managed Risk
Short
Commodity
Geared
International Shares
Global
Regional / Country
Sector
Cash & Fixed Income
Global Sectors
Currency
Active
Share
Continued industry growth and inflows into Australian Equities ETFs
The Australian ETF industry recorded another strong month of growth, with total industry FuM at the end of May hitting a new high as the industry nears the $30B mark. Total industry FUM at month end was $29.0B, with growth of 2.6% or $730M for the month. In a month where the Australian market tumbled, almost all the growth came from net new money, rather than asset appreciation.
Market Cap
- ASX Exchange Traded Funds Market Cap: $29.0B – New record high
- Market cap growth for month: +2.6%, + $733.7m
- Market cap growth for last twelve months: 25.1%, +$5.8B
Comment: We’re excited to be getting close another ’round number’ milestone of $30B. Growth trajectory for the industry continues to be robust.
New Money
- New unit growth for month (units outstanding by number): 3.0%
- Net new money (units outstanding by $ value): +$657.8m
Products
- 206 Exchange Traded Products trading on the ASX
- 2 new products launched this month -VanEck Vectors Australian Corporate Bond Plus ETF (ASX: PLUS) and UBS IQ Cash ETF (ASX: MONY)
Comment: Over the next quarter, we expect to see more products based on the cash & fixed income. BetaShares recently launched our first bond fund, for example, our Australian Bank Senior Floating Rate Bond ETF (ASX: QPON).
Trading Value
- Average trading value up 44% to be the second largest trading month on record (first largest set in February 2017)
Performance
- Asian Equities and BetaShares Australian Equities Strong Bear Hedge Fund (ASX: BBOZ) the best performers this month
Top 5 category inflows (by $) – May 2017
| Category | Inflow Value | |
| Australian Equities | $ 329,024,194 | |
| International Equities | $ 202,022,526 | |
| Fixed Income | $ 69,184,475 | |
| Commodities | $ 39,293,600 | |
| Australian Listed Property | $ 22,900,867 | |
Top category outflows (by $) – May 2017
| Category | Outflow Value | |
| Currency | ($ 7,031,273) | |
| Cash | ($ 4,861,572) | |
Top sub- category inflows (by $) – May 2017
| Category | Inflow Value | |
| Australian Equities – Broad | $ 248,128,970 | |
| Australian Equities – High Yield | $ 80,771,568 | |
| International Equities – Developed World | $ 76,299,954 | |
| Australian Bonds | $ 53,279,231 | |
| International Equities – Sector | $ 36,515,110 | |
Top sub- category outflows (by $) – May 2017
| Category | Outflow Value | |
| Australian Equities – Large Cap | ($ 10,633,455) | |
| Currency | ($ 7,031,273) | |
| Cash | ($ 4,861,572) | |