This week's highlights
Mining and resources sector ETFs posted strong gains last week with gold mining funds MNRS and GDX topping the weekly performance table, followed by domestic resources funds QRE and OZR. International small cap funds IJR and QSML were also amongst the top performers. Asia focused funds CETF, ASIA, IZZ, CNEW, IAA and VAE were all amongst the biggest decliners for the week, along with Australian technology fund ATEC.
Gold and silver rallied last week, while platinum group metals ETPMPD and ETPMPT were both amongst the week’s biggest decliners. Oil fund OOO added 2.6% and was the week’s top performing commodity ETF.
Total reported flows into domestically domiciled ETFs were $465m, while outflows totalled just $24m. Cash fund BILL saw the week’s biggest inflows, followed by domestic equity fund A200 and a range of international equity funds. Geared Australian equity fund GEAR saw the largest outflows for the week.
VAS was the most traded fund for the week, followed by IOZ and BBOZ. ASIA saw above average volumes.