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Exchange traded products hit $10.65bn

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Funds under management for exchange traded funds (ETFs) and exchange traded commodities (ETCs) have grown 46.8 per cent across 92 products this quarter, bringing total FUM to $10.65 billion.

iShares is currently the leading provider, with $3,797 million or 35.7 per cent of the market share, followed by State Street with $3,370 million or 31.6 per cent and Vanguard with $1,682 million or 15.7 per cent. 

UBS Global Asset Management and Market Vectors Australia both launched new ETF and ETC products to the market during the quarter. 

UBS was the provider with the most significant growth over the past 12 months, with funds under management increasing by 501.6 per cent, followed by BetaShares at 106.7 per cent and Vanguard Investments at 106.1 per cent. 

 
 

In terms of individual products, the Vanguard Australian Shares High Yield Fund experienced most growth, with a 181.4 per cent increase, followed by the BetaShares Australian High Interest Cash ETF at 150.5 per cent and the iShares Global 100 with 112.8 per cent.