Investors turn to ETFs in an uncertain market
Investors committed more than $1 billion in new money to ETFs in April, as the sharemarket rebounded after dramatic falls in March. According to the BetaShares Australian ETF Review – April 2020, funds under management (FuM) in the Australian ETF industry increased by $4.1 billion to end the month at $61.3 billion, the second largest absolute monthly dollar growth on record.
Inflows and trading volumes were spread across a range of asset classes and exposures, reflecting a diversity of investor views and investment strategies.
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