BetaShares has announced the Australian ETF industry broke its all-time record for inflows, receiving $2.8B and accounting for virtually all the growth in the industry in July.
In its latest BetaShares Australian ETF Review, the ETF and fund manager said the industry ended July 2021 at a fresh all-time high of $118.8B total market cap, growing by ~2.6% month on month (+$3.1B). Industry growth over the last 12 months has been 77%, representing absolute growth of $51.6B over this period – the highest $ value increase over 12 months in the industry’s history.
The market cap growth for the last 12 months was 76.9%(+$51.6B), the fastest yearly growth on record. Net new money for month was +$2.8B – an all time high. The previous record was $2.7B in December 2020.
“The inflows… represented almost all (90%) of the industry’s growth this month with the remaining 10% coming from asset value appreciation,” Betashares commented.
Whilst still overshadowed by international and domestic equities, ETF industry fixed income recorded inflows of $304 million in July.
Top 5 category inflows (by $) – July 2021
| Category | Inflow Value |
| International Equities | $1,626,538,547 |
| Australian Equities | $436,048,298 |
| Fixed Income | $304,128,617 |
| Multi-Asset | $204,241,800 |
| Listed Property | $98,919,075 |
“International equities products continued to drive the majority of industry growth with over $1.6B of assets flowing into this category representing ~4x the amount of flows into the next biggest category (Australian equities),” Betashares
Top sub-category inflows (by $) – July 2021
| Sub-Category | Inflow Value |
| International Equities – Developed World | $584,902,475 |
| International Equities – Broad | $398,004,287 |
| International Equities – US | $370,333,810 |
| International Equities – Sector | $299,856,944 |
| Australian Bonds | $216,850,433 |
There were 267 Exchange Traded Products trading on the ASX and Chi-X. No new funds launched this month, 1 fund closed (Cash ETF from eInvest).
