This week's highlights
Oil fund OOO and global energy fund FUEL were the top performing funds last week as oil prices passed US$70/bbl for the first time since mid-2018. Australian property funds VAP, SLF and MVA also outperformed alongside domestic resources fund MVR. Clean energy (CLNE), global healthcare (HLTH) and gold miners (GDX and MNRS) were all amongst the poorest performers for the week.
Total reported flows into domestically domiciled ETFs were $235m, while outflows totalled $281m. A200, ERTH and QUAL saw the week’s biggest inflows. Cash fund AAA and IOZ saw the bulk of the outflows for the week.
IOZ was the most traded fund for the week, followed by AAA and BBOZ. GOLD and ETHI saw above-average volumes.