ETF Monitors

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Weekly ETF Monitor for week ending 14 May 2021

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This week's highlights

  • Volatility crept back into global markets last week as inflation readings in the US spooked some investors and led to some sell offs.

  • China exposed ETFs were the best performers over the week, CNEW and CETF were both up over 3%. Goldminer ETF GDX and healthcare sector offering IXJ were also both up 2% and 1.4% respectively. The worst performers for the week were technology sector ETFs. Australian technology ETF ATEC was down 6% whilst ASIA was down 5.5%.

  • Net inflows for the week were A$144m which consisted of A$563m of inflows and outflows were A$419m. The biggest inflows were seen in IVV, IAF and AAA. The largest outflows were across IOZ, IHCB and IEM.

  • With inflation readings spiking last week some investors are turning towards a natural inflation hedge such as GOLD to counteract lower real yields. ETF Securities offers Australia’s largest fully physically backed gold ETP. GOLD offers investors a simple, cost-efficient and secure way to access gold by providing a return equivalent to the movements in the Australian dollar price of gold less a daily management fee.