BetaShares Australian ETF Review – Mid-Year 2020
Record inflows and trading volumes power ETF industry through a turbulent six months
SYDNEY, 10 July 2020: At the halfway mark of 2020, the Australian ETF industry emerged from a tumultuous six months in a strong position, as investors turned to exchange traded products in record numbers. Through one of the most volatile periods in sharemarket history, there were record inflows into the industry, and huge increases in trading values, according to the BetaShares Australian ETF Review – Half Year 2020 Review.
Funds under Management (FuM) rose by 6% for the half to end the financial year at $65.8B, just below the $66B record figure achieved at the end of January 2020.
However, the relatively muted nature of the increase was due to significant falls in asset values, which have disguised the rapid underlying growth taking place in the industry. A record $8.3B in new money flowed into the industry – nearly double the net inflows for the first half of 2019, and triple net inflows for the corresponding period in 2018.
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