Weekly ETF Market Monitor

By Kris Walesby | More Articles by Kris Walesby

Global equity markets have staged a strong start to 2017 with the S&P/ASX 200 Index gaining 1.6%, the S&P 500 up 1.7%, the Nikkei 225 up 1.8% and the EURO STOXX 50 up 0.9%.

Gold continued its year-end bounce following a big post-election sell-off, rising 2.6% for the week and 3.9% from its December low. Gold mining ETFs (GDX and MNRS) were among the top performers for the week. Platinum and Palladium also posted big gains with ETPMPD and ETPMPT rising 9.0% and 4.6% respectively.

The Australian dollar has rebounded 1.3% since the final trading day of 2016, edging back above US 73c.

The Australian ETF market saw inflows of A$26m and outflows of A$71m from domestically domiciled ETFs. The biggest inflow was into cash (AAA), whilst the biggest outflows were from financial sector ETFs (QFN and OZF), which had both returned in excess of 8% over the past month.

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ShareCafe and ANZ ETFS have developed an educational series of videos to provide you with valuable insights into what you need to consider when investing in Exchange Traded Funds (ETFs). You can see the full series here.

Kris Walesby

About Kris Walesby

Kris Walesby is the Sydney-based Head of ANZ ETFS Management (AUS) Limited (‘ANZ ETFS’), the joint venture between Australia and New Zealand Banking Group (‘ANZ’) and ETF Securities.

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