ETF Monitors


Weekly ETF Monitor for week ending 02 June 2017


This week's highlights

  • 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).