Register For Our Mailing List

Register to receive our free weekly newsletter including editorials.

BetaShares Australian ETF Review – August 2020

The Australian ETF industry has extended its strong growth, exceeding the $70 billion milestone for the first time.

While ETFs have grown since inception in 2001 at a rapid 45% compound annual rate, the almost 100 year-old LIC/LIT industry has, in the same period, grown at only 11% p.a. Since exceeding the size of the LIC industry in January 2019, ETFs are now $25 billion larger at end August 2020.

Indeed, given the banning of sales commissions for distribution of LICs, which came into effect in May 2020, the LIC industry will continue to grow sluggishly, with an increasing number of investors preferring the open-ended nature of the ETF structure. 

Read more...

  •   10 September 2020
  •      
  •   

 

Leave a Comment:

banner

Sponsors

Alliances

© 2025 Morningstar, Inc. All rights reserved.

Disclaimer
The data, research and opinions provided here are for information purposes; are not an offer to buy or sell a security; and are not warranted to be correct, complete or accurate. Morningstar, its affiliates, and third-party content providers are not responsible for any investment decisions, damages or losses resulting from, or related to, the data and analyses or their use. To the extent any content is general advice, it has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892), without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a professional financial adviser. Articles are current as at date of publication.
This website contains information and opinions provided by third parties. Inclusion of this information does not necessarily represent Morningstar’s positions, strategies or opinions and should not be considered an endorsement by Morningstar.