The growth reflects a 52 per cent jump in FUM for SPDRs over the 12 months to 31 July 2010, indicating a growing demand during the past year from investors, particularly in the retail sector.
SSGA senior managing director in Australia Rob Goodlad said retail investors accounted for about 70 per cent of the total holders of ETFs, either through direct holdings or through major investment platforms.
Goodlad said the latest milestone validated a trend where both retail and institutional investors were using the real-time liquidity that those strategies permitted via the Australian Securities Exchange.
