We are a proud member of the Financial Services Online network!
Connect with us on your favourite social media platform for the latest financial news, views, tips, tricks, resources and information.
The overall market capitalization of Australian ETFs, spanning ASX and CBOE platforms, has climbed to a record $232.5 billion. This punctuates a stunning 52% increase over the past year, equating to an additional $79.6 billion being pumped into the market. A closer look reveals that this expansion stems from robust net inflows alongside favourable market dynamics.
The month of October witnessed a substantial $3.2 billion in net inflows, accompanied by the advent of four new funds – making it the second-highest month this year following July. Investors showed a particular appetite for international equities, which netted $1.2 billion. Fixed income products followed closely with $974 million in new flows, while Australian equities attracted $833 million.
Furthermore, investments in Australian bonds amounted to $706 million, demonstrating steady interest in fixed-income securities. World development equities also captivated investors, securing $616 million.
Individual performers for the month of October included the Global X Physical Palladium, Betashares Crypto Innovators ETF, and Monochrome Bitcoin ETF, surging 19.3%, 18.8%, and 18.1%, respectively. These products highlight the growing trend in diversifying investments towards distinctive and emerging sectors.
Vanguard emerged as a prominent force in the monthly inflows, with its Australian Shares Index ETF (VAS) climbing by $374 million, alongside its Global Aggregate Bond (Hedged) ETF (VBND), and MSCI Index International Shares ETF (VGS), growing by $223 million and $173 million respectively.
Differing fortunes were observed with the largest outflows affecting the MGOC Magellan Global Fund (Open Class) with $176 million exiting, the iShares FTSE China Large-Cap ETF suffering a $36.6 million reduction as investors reacted to geopolitical and economic concerns, and a drop of $27.7 million in the SPDR S&P/ASX 200 (STW).
At the summit of funds by market cap, VAS leads with $16.8 billion, trailed by VGS with $9.5 billion, and the iShares S&P 500 ETF (IVV) commanding $9.4 billion.
A glance over the year shows Vanguard leading the charges with a $7.29 billion surge in new flows, closely pursued by BetaShares with $6.50 billion. iShares and VanEck recorded $4.96 billion and $4.75 billion, respectively, while GlobalX concluded the list with an influx of $1.23 billion.
This analysis is informed by data originally reported by Patrick Buncsi on November 13, 2024, showcasing the adaptability and growth potential within Australia's ETF market.
Published:Thursday, 14th Nov 2024
Source: Paige Estritori
| AI in Financial Planning: Unlocking Potential with Prudence 21 Nov 2024: Paige Estritori Artificial Intelligence (AI) has rapidly become a focal point in modern financial planning, offering the potential to transform how advisers interact with clients. By providing automated solutions for routine tasks and analyzing vast data sets, AI promises increased efficiency and more personalized financial recommendations. - read more |
| Financial Advisory Expansion: Balancing Growth and Regulatory Challenges 20 Nov 2024: Paige Estritori The financial advisory sector in Australia is poised for significant expansion, with the potential to extend advisory services to an additional 650,000 clients. This promising development hinges on resolving existing regulatory barriers. A detailed analysis by Empower Business Advisory, sponsored by Colonial First State, underlines this potential shift in the industry landscape. - read more |
| Aussie Homeowners Show Resilience Amidst Rising Interest Rates 20 Nov 2024: Paige Estritori Amid the global economic shifts, Australian homeowners, notably exposed to fluctuating interest rates, have defied pessimistic predictions and demonstrated resilience. Unlike many countries, most Australian mortgages are subject to variable interest rates, which heightens sensitivity to cash rate changes. - read more |
| NAB Faces Legal Action for Delayed Hardship Responses 19 Nov 2024: Paige Estritori In a recent development within the financial sector, the National Australia Bank (NAB) finds itself embroiled in a legal dispute initiated by the Australian Securities and Investments Commission (ASIC). At the center of the controversy are allegations that the bank failed to timely respond to hundreds of loan hardship applications from its customers. - read more |
| Employment Holds Steady Amid Rate Speculation 15 Nov 2024: Paige Estritori Australia's unemployment rate remained fixed at 4.1% this October, marking the third consecutive month without change, according to newly released Australian Bureau of Statistics data. Despite this steady figure, the growth of new jobs appears to be waning. - read more |
| A Comprehensive Guide to Heavy Vehicle Financing in Australia When traversing the expansive landscapes of Australia, heavy vehicles are an integral part of the transportation framework, powering industries and connecting markets. The heavy vehicle industry in Australia is a critical component of the national economy, encompassing a wide range of vehicles from buses and coaches to large trucks and road trains essential for the movement of goods and services. - read more
|
| How to Budget Effectively for Commercial Vehicle Loan Repayments Managing repayments for a commercial vehicle loan is a critical aspect of running a successful business. Without a solid plan, unexpected costs and missed payments can create financial strain. - read more
|
| Dealer Negotiations: Smart Tips for Australian Commercial Truck Buyers Navigating the used truck market in Australia can be as complex as the rugged terrains these vehicles traverse. With the market growing steadily, the need for savvy bargaining and well-informed purchases has never been more critical. The significance of due diligence escalates when considering the investment at stake and the pivotal role these trucks play in driving businesses forward. - read more
|
| Is It Time to Refinance Your Fleet? Understanding Truck Refinance Benefits The commercial vehicle market in Australia has been undergoing significant changes, with demand for efficient transport solutions on the rise due to a booming e-commerce sector. As fleet owners navigate this evolving landscape, the need for adaptability in fleet management has never been more prominent. - read more
|
| Avoiding the Potholes: How to Select the Right Truck Loan for Your Fleet Selecting the right financing for your fleet can be as crucial to your business's success as the trucks themselves. The journey for the perfect truck loan is fraught with potential pitfalls that can impede your business growth and financial stability. In this introductory section, we will delve into the significance of making informed choices when it comes to truck loans and how they impact your operations. - read more
|
|
|
Dealer Negotiations: Smart Tips for Australian Commercial Truck Buyers Navigating the used truck market in Australia can be as complex as the rugged terrains these vehicles traverse. With the market growing steadily, the need for savvy bargaining and well-informed purchases has never been more critical. The significance of due diligence escalates when considering the investment at stake and the pivotal role these trucks play in driving businesses forward. - read more
|
|
The Ultimate Guide to Truck Loan Terms for Commercial Vehicles Getting a truck loan is a significant financial commitment, especially for commercial vehicles. Understanding the terms of your truck loan is crucial for managing your finances effectively and ensuring that you can meet your repayment obligations. - read more
|
|
|
Avoiding the Potholes: How to Select the Right Truck Loan for Your Fleet Selecting the right financing for your fleet can be as crucial to your business's success as the trucks themselves. The journey for the perfect truck loan is fraught with potential pitfalls that can impede your business growth and financial stability. In this introductory section, we will delve into the significance of making informed choices when it comes to truck loans and how they impact your operations. - read more
|
|
Maximizing Your Fleet Budget: Comparing Used vs. New Truck Costs When it comes to expanding a commercial fleet in Australia, the decision between purchasing new or used trucks can have a significant impact on your budget. With this article, we aim to delve into the critical considerations that fleet owners must make in juxtaposing the costs of new verses used trucks, meticulously unraveling the financial layers to guide you towards a choice that aligns with your company's fiscal strategy. - read more
|
|
Trucking finance: How leasing can help grow your business Running a successful trucking business in Australia can be a challenge, but with the right financing options, you can grow your business and increase profits. One popular financing option for truckers in Australia is leasing. Leasing allows trucking businesses to acquire vehicles and equipment necessary for their operations without incurring the high costs of outright purchase. - read more
|