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This week's highlights ETFS S&P Biotech ETF (CURE) was the top-performing unleveraged fund last week as COVID-19 vaccine rollouts commenced. Domestic resource sector funds (OZR and QRE) were also amongst the top performers. China-related funds CNEW, CETF and IZZ were the poorest performing equity funds, while UK and European funds F100 and ESTX also saw negative weeks. Precious metals declined last week with gold (GOLD), which dropped 1.4%, being the best performer. Platinum fund ETPMPT dropped 6.1% and was the week’s overall poorest performing ETF. Pound sterling fund POU was also amongst the worst performers as Brexit concerns escalated. Total reported flows into domestically domiciled ETFs were $449m, while outflows totalled $26m. Domestic equity funds STW and IOZ saw the biggest inflows for the week, followed by currency hedged S&P 500 fund IHVV and a range of other, mostly equity, funds. Short equity funds BBOZ, BEAR and BBUS saw the bulk of the week’s outflows. VAS was the most traded fund for the week, followed by IOZ and STW. IHVV and FAIR saw above average volumes. ...
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This week's highlights Precious metals and resources products were amongst the top performers last week. ETFS Physical Platinum (ETPMPT) was up 11.2% for the week, while ETFS Physical Silver (ETPMAG) was up 4.2%. Resources funds BetaShares S&P/ASX 200 Resources Sector ETF (QRE) and SPDR S&P/ASX 200 Resources Fund (OZR) were also up 5.7% and 5.5% respectively. The poorest performers for the week were infrastructure funds, BetaShares Agricultural ETF - Ccy Hedged (QAG) down 3% and Magellan Infrastructure Fund (Hedged) (MICH) down 1.7%. Reported inflows into domestically domiciled ETFs were high at over AU$1.1bn. Outflows totalled AU$145m. Vanguard Australian Shares Index ETF (VAS) and iShares Government Inflation ETF (ILB) had the largest inflows, while the largest outflows were seen in iShares S&P/ASX 200 ETF (IOZ). Expectedly VAS and STW were the most traded names over the week. ...
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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. ...