The growth, which the BetaShares report credits to sharemarket appreciation and robust net inflows, ended last month at a total market cap of $111.7 billion, a growth of 3 per cent month-on-month.
The biggest performance in May came from gold miners and gold bullion products including MNRS (10.7 per cent) and BetaShares’ hedged gold bullion ETF (7.6 per cent).
Further to this, the last 12 months saw a 75 per cent increase of $47.7 billion – the highest dollar value increase in that period of time in the industry’s history.
Last month also saw a significant spike in international equities products.
While exposure has consistently been strong for the year, over $1 billion of the ETF industry’s net flows (75 per cent) came from overseas equities products.
Neil Griffiths
Neil is the Deputy Editor of the wealth titles, including ifa and InvestorDaily.
Neil is also the host of the ifa show podcast.
