Strong Fixed Income ETF Flows As Sharemarkets Continue To Rise

0
Strong Fixed Income ETF Flows As Sharemarkets Continue To Rise

BetaShares’ latest review shows the Australian ETF industry continues to grow and reached yet another new record high of $97.3B at the end of February.

The company said in its report: “The industry’s market cap grew by a relatively subdued 0.5% for the month to reach a new record high of $97.3B.

“Industry growth over the last 12 months has been 52%, representing absolute growth of $33B over this period.

“With volatility back in February, we saw a significant rise in trading value, which grew 45% month on month.

“International equities once again led the way for inflows ($830m of net flows). Bonds, with Australian bonds in particular, were the second biggest category, albeit a significantly smaller levels than equities ($260m of flows).”

Top 5 category inflows (by $) – February 2021

Category Inflow Value
International Equities $829,019,934
Fixed Income $259,047,204
Australian Equities $169,721,554
Multi-Asset $114,387,359
Australian Listed Property $65,939,351

Top sub-category inflows (by $) – February 2021

Sub-Category Inflow Value
International Equities – Developed World $317,752,722
International Equities – Sector $238,485,736
Australian Bonds $185,780,998
International Equities – Asia $128,620,232
>Multi-Asset $114,387,359

BetaShares noted outflows from commodities products included profit taking by investors in oil exposures.

The report also highlighted a 200% growth growth in ethical and sustainable ETFs and there are now 18 ethical/sustainable products available and approximately $3B in assets.

There were 258 Exchange Traded Products trading on the ASX and Chi-X with no new product launches or closures.

LEAVE A COMMENT

Please enter your comment!
Please enter your name here