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ETF inflows almost double 2024 pace
['Shy-Ann Arkinstall']
Money Management
Global X analysis has revealed the Australian ETF market has grown by more than a third in the past year, driven by net inflows, which are almost double the pace of 2024.
As of 31 August, the ETF provider said net inflows were $32.5 billion since the start of the year, which resulted in ETF market growth of 35.9 per cent.
Looking at asset class performance, broad-based global shares ETF saw the highest inflows for August by a large majority with $730 million in inflows, followed by broad Australian shares and US global shares, both of which attracted $415 million.
This was closely followed by broad global shares ($4.7 billion), while US global shares saw just $2 billion in inflows over this time.
According to Global X, losses in this sector were likely driven by profit-taking after a headline-heavy earning season.
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