Australia’s exchange-traded fund market now has $11 billion in assets, according to the ASX, indicating a 50 per cent increase from April 2013.
“Year-to-date, over $1 billion has flowed into ETFs quoted on the ASX, with April attracting record inflows of $331 million, an increase from $265 million in March,” said a statement from ETF provider Market Vectors reflecting on the announcement.
“The increasing adoption of ETFs in model portfolios is contributing to the growth of Australia’s ETF industry,” said Market Vectors managing director Arian Neiron.
“Other contributing factors include the ease with which they can be traded on the ASX and the range of investment opportunities available to Australian investors through ETFs.
“ETFs can give investors access to diversified portfolios of Australian and international equities with a range of different index methodologies, as well as currencies, commodities and even bonds.”
News
- 24 Jan 2019Former Dover and Synchron adviser banned for five yearsBy Eliot Hastie
- 24 Jan 2019Very few Australians save and even fewer invest their moneyBy Reporter
- 24 Jan 2019Advisers undercharging clients for efforts, says CEOBy Adrian Flores
- 23 Jan 2019Adelaide adviser permanently banned from industryBy Eliot Hastie
- 23 Jan 2019Bowen slams ‘woeful’ handling of royal commissionBy James Mitchell
- 23 Jan 2019Gender super gap lower but still at 34%By Adrian Flores
- view all
