ETF Monitors

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Weekly ETF Monitor for week ending 6 September 2019

This week's highlights

  • Geopolitical risks continued to be the focus of markets last week. Asian stocks rallied on the withdrawal of the Hong Kong extradition bill and added stimulus in China. HJPN, CETF and CNEW were all amongst the week’s top performers. Domestic resource stocks also benefited, with QRE and OZR both performing strongly.

  • Gold retreated from recent highs, with GOLD down 2.0% for the week. Gold mining ETFs (MNRS and GDX) were the worst performing funds for the week. Silver also pulled-back from recent gains, with ETPMAG falling 3.0%.

  • Total flows into domestically domiciled ETFs were $226m, while outflows totalled $22m. The biggest inflows were into cash (AAA), gold (GOLD) and a range of other fixed income ETFs (HBRD, FLOT, BILL, QPON, IAF and XARO).

  • STW was the most traded fund last week, while BBOZ and GOLD saw above average volumes.

  • ETFS Physical Gold (GOLD) surpassed the A$1bn mark in total assets under management for the first time last week.