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Retirement

SMSFs' appetite for exchange-traded funds continues

By Staff Reporter
  • September 11 2015
  • Share

Retirement

SMSFs' appetite for exchange-traded funds continues

By Staff Reporter
September 11 2015

The Australian exchange-traded fund (ETF) market saw significant inflows during the month of August, according to Australian fund manager BetaShares, with SMSFs partly contributing to the $300 million flowing into the asset class.

SMSFs' appetite for exchange-traded funds continues

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By Staff Reporter
  • September 11 2015
  • Share

The Australian exchange-traded fund (ETF) market saw significant inflows during the month of August, according to Australian fund manager BetaShares, with SMSFs partly contributing to the $300 million flowing into the asset class.

SMSFs' appetite for exchange-traded funds continues

The BetaShares August Australian ETF Review shows the average trading value of ETFs increased 23 per cent, with funds under management for the total ETF industry at $19 billion. 

The BetaShares Australian Equities Strong Bear Hedge Fund was the best performing exchange-traded product in August, rising 19 per cent for the month.

BetaShares managing director Alex Vynokur said there has been rising demand from SMSF trustees and retirees for ETFs.

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“ETFs can be a compelling offering for SMSFs, retirees and investors that seek a strong income stream, but who may be concerned by the uncertain nature of financial markets,” said Mr Vynokur.

SMSFs' appetite for exchange-traded funds continues

“The significant market volatility saw Australian investors using exchange-traded products to express both bullish and bearish views on the global markets, which led to a record monthly trading high of $2.3 billion in August.”

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