Australian ETF Review - March 2016

As global sharemarkets recovered, the Australian exchange traded fund industry continued its growth trajectory finishing the month with $21.3 billion in funds under management – this 3% increase for the month represented total growth of $685 million. New money allocated into the industry accounted for 64% of growth in March ($438 million), with the remainder of the growth deriving from asset value appreciation. Despite the sharemarket rebound, $40 million of inflows went into bearish exposures, particularly in the Australian Equities Strong Bear Hedge Fund (BBOZ), signalling that many investors believe the recent rally may not be sustainable and are therefore hedging their portfolios against the risk of market declines. Read a summary of the report: (VIEW LINK)