"Although many feared the mining tax debate would scare investors away, this certainly does not seem to be the case when looking at our ETF volumes," Aii managing director Jim Socratous said.
About 70 per cent of transactions took place through online brokers, which indicated a strong interest from self-managed super funds and self-directed investors, Socratous said.
But he said the product had also received support from advisers.
"Most benchmark-based ETFs are of a set-and-forget nature and therefore may not really fit with a traditional broking model. As Aii ETFs allow brokers and advisers to recommend one sector over another, we are finding the market is much more receptive than we had anticipated," he said.
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