ETF Monitors

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The latest flows and performance insights into the top and bottom performing Australian ETFs.

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The S&P/ASX 200 rose 0.6% last week following a bounce on Friday on strong economic data out of the US and a firming expectation of a Fed rate rise this month. The S&P 500 ended the week up 1.0%, while the Nikkei 225 rose 2.5%. Three Japanese equity ETFs (IJP, UBJ and HJPN) were amongst the top performers for the week. The Australian dollar ended the week flat after recovering some lost ground on Friday. The euro and Japanese yen both had strong weeks, gaining against the US dollar. The Chinese renminbi jumped 0.7%, posting its fourth consecutive weekly gain against the US dollar. WTI crude dropped 4.3%, while gold gained 0.8%. Palladium gained 7.3% and posted a new 3-year high on increasing demand from the auto sector. ETFS Physical Palladium ETF (ETPMPD) was the top performing fund for the week, returning 7.4%. The Australian ETF market saw inflows of A$185m and outflows of A$4m from domestically domiciled ETFs. The largest inflows were into SPRD S&P/ASX 200 Fund (STW) and BetaShares Australian High Interest Cash ETF (AAA). ...
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The S&P/ASX 200 ended the week up 0.4%, led higher by the energy and industrials sectors. Offshore, the S&P 500 gained 1.4% and the EURO STOXX 50 declined 0.2%. In Asia, the Nikkei 225 gained 0.5%, while the FTSE China 50 added 2.8% and Korea's KOSPI 200 jumped 3.0%. Chinese and Korean equity funds (IKO, CETF and IZZ) were amongst the top performers for the week. Currency markets were relatively unchanged last week, with the Australian dollar ending marginally lower at US74.5c. The pound sterling declined after polls narrowed in the lead up to next month's UK election. WTI crude advanced early in the week before pulling back on Friday after OPEC announced lower than anticipated production cuts. Gold and silver gained 1.0% and 3.1% respectively. ETFS Physical Silver (ETPMAG) was the top performing commodity fund for the week. Iron Ore declined 7.6%. The Australian ETF market saw inflows of A$55m and outflows of A$1m from domestically domiciled ETFs. The largest inflows were into domestic equity funds (QOZ and MVW). ...