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Australian ETF industry growth hits ‘all-time high’

By Neil Griffiths
 — 1 minute read

The local ETF industry has reached a “fresh all-time high” in growth in May.

The growth, which the BetaShares report credits to sharemarket appreciation and robust net inflows, ended last month at a total market cap of $111.7 billion, a growth of 3 per cent month-on-month.

The biggest performance in May came from gold miners and gold bullion products including MNRS (10.7 per cent) and BetaShares’ hedged gold bullion ETF (7.6 per cent).

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Further to this, the last 12 months saw a 75 per cent increase of $47.7 billion – the highest dollar value increase in that period of time in the industry’s history.

Last month also saw a significant spike in international equities products.

While exposure has consistently been strong for the year, over $1 billion of the ETF industry’s net flows (75 per cent) came from overseas equities products.

 

 

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Australian ETF industry growth hits ‘all-time high’
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