This week's highlights
Energy and resources companies performed strongly last week on the back of higher commodity prices. Oil fund OOO and global energy fund FUEL were the week’s top-performing ETFs. ETFS Battery Tech & Lithium ETF (ACDC), which includes exposure to lithium miners, was also amongst the top performers along with Australian resources sector funds, OZR, QRE and MVR.
Precious metals funds and global gold miners were the week’s poorest performers as gold dipped below US$1,800/oz for the first time since July.
Total reported flows into domestically domiciled ETFs were $469m, while outflows totalled $33m. Bearish equity fund BBOZ saw the week’s largest outflows.
VAS was the most traded fund for the week, followed by AAA and IOZ. Asian tech fund ASIA saw above average volumes.
ETFS ROBO Global Robotics and Automation ETF (ROBO) offers investors exposure to growth across the disruptive technology themes of robotics, automation and artificial intelligence. ROBO Global, the index provider, is a recognised leader in robotics and automation investing solutions and is backed by a team of highly experienced industry entrepreneurs and academic leaders, whose expertise is applied to selecting market leaders across a range of industry segments. ROBO returned 2.7% last week and is up 26.7% year-to-date.