Exchange traded funds (ETFs) in Australia on the ASX have hit a new all time high of $4.155 billion of funds under management. This is continuing the growth of the sector with 42% increase in FUM for the 12 months till the end of Nov. ETFs are a very liquid trading alternative to shares and provide access to specific indicies. There is a great deal of money flowing into Australian ETFs as evidenced by this report compared to other LMI products.
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| ASX LMI and ETF report Nov 2010.pdf | 45.66 KB |
