Australian (16)
International (25)
Global
Regional / Country
Sector
Currency Hedged
Cash & Fixed Income (7)
Diversified (4)
Hybrids (1)
Equity Income (6)
Technology (6)
Ethical (4)
Geared (6)
Short (3)
Property (2)
Commodity (4)
Currency (5)
Managed Risk (3)
Active (8)
Share
The Australian exchange traded fund industry bucked the trend of broader market declines during October and finished the month valued at a stable $24.1B, which was approximately the same value as September. The industry stood its ground amongst local and international sharemarket declines to record higher levels of inflows compared to September, with +$629m of new money received.
The market conditions suited short funds with the two BetaShares Strong Bear Hedge Funds (ASX: BBOZ/ BBUS) amongst the best performing exposures for the month, indicating how product innovation in exchange traded products has allowed investors to take a view on the market and profit from, or protect against, falling sharemarkets.
Market Size & Growth
- ASX Exchange Traded Funds Market Cap: +$24.1B
- Market cap growth for month: -0.2%, -$49.3m
- Market cap growth for last twelve months: +16.4%, +$3.4B
New Money
- New unit growth for month (units outstanding by number): +2.9%
- Net new money (units outstanding by $ value): +$629m
Products
- 199 Exchange Traded Products trading on the ASX
- 15 new products launched this month
Comment: BetaShares launched the Australian Ex-20 Portfolio Diversifier ETF – ASX: EX20 during the month while iShares added 4 factor products and 10 new single bond XTBs entered the market.
Trading Value
- Average trading value declined -21% vs. last month
Performance
- Best performers this month were BetaShares Funds: Global Banks (ASX: BNKS), Hedged Japanese Equities (ASX: HJPN) and Strong Bear Australian and US Hedge Funds (ASX: BBOZ and BBUS).
Top 5 category inflows (by $) – October 2016
| Category | Inflow Value | |
| Australian Equities | $335,204,301 | |
| International Equities | $102,798,058 | |
| Fixed Income | $97,574,137 | |
| Cash | $42,756,454 | |
| Australian Listed Property | $15,281,824 | |
Top category outflows (by $) – October 2016
| Category | Outflow Value | |
| Short | ($3,261,930) | |