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Australian share funds swell to record sum

Australian share funds swell to record $59b sum Save Share Assets held in managed funds and exchange traded funds around the world that invest in Australian equities have surged to a record high $US45.8 billion ($58.7 billion), capping a blistering run through the pandemic that has sent the sharemarket close to a new high. The new peak marks an 89 per cent increase in assets for the funds from the lows of March last year, propelled by investor inflows that have touched almost $US4 billion and the roaring rally in the S&P/ASX 200 that has nearly erased the losses from the pandemic.

2020 was a record year for Australian ETFs

2020 was a record year for Australian ETFs Emma Rapaport  |  08 Feb 2021Text size      If you d told me in March that 2020 was going to be a record year for Australia s ETF industry I d tell you to pull the other one. Assets under management fell sharply in the covid-19 market sell-off, with several major asset classes in decline. But investors defied expectations, exploiting the free-fall in March to boost their allocation to Australian equities ETFs. A dash to safety also attracted inflows to products with exposure to physical gold, while massive rebounds in US growth companies saw a renewed interest in technology-themed products. In all, 2020 was a standout year for Australian ETFs, which attracted $20 billion in new money. The $100 billion milestone is in sight.

Vanguard ETFs hit Australian record amid pandemic

Vanguard ETFs hit Australian record amid pandemic Save Share The world s second-largest asset manager, Vanguard, has reported its best year since entering the Australian market 20 years ago, luring $5.7 billion into its exchange-traded funds as investors sought diversified exposure to wild coronavirus sharemarkets. The $9 trillion investment manager had a 12 per cent increase in inflows to its core ETF business from Australian investors last year, compared with calendar year 2019. Of the almost $6 billion invested with Vanguard Australia, $2.3 billion was allocated to its Australian shares ETF, which tracks the return of the S&P/ASX 300 index and charges relatively low investment fees of 0.10 per cent per annum to consumers.

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