ANZ gets into ETFs
ANZ has teamed up with London-based ETF Securities to list six new securities on the ASX. The new products cover currencies, commodities and the share-market, so there are no fixed interest ETFs on the cards yet but with the bank predicting the market will reach $40bn by 2018 from $18bn today, it could be only a matter of time. ANZ indicated that it had more ETF products on the drawing board.
Another very quiet week for trading on ETFs with net inflows across the category only reaching $5.4m for the week. The two bigger winners were the iShares UBS Composite Bond Index Fund with inflows of $1.3m and the Vanguard Australian Fixed Interest Index ETF with inflows of $1.28m.
ASX CASH & BOND ETFs*
|NAME||SYMBOL||CLOSE PRICE||1m (%)||1y (%)||MER (%)||FUND SIZE ($m)|
|BetaShares Aust High Int Cash||AAA||50.19||0.23||3.24||0.18||796.77|
|SPDR S&P/ASX Aust Bond||BOND||26.28||-1.22||9.3||0.24||15.91|
|SPDR S&P/ASX Aust Govt Bond||GOVT||26||-1.38||9.82||0.22||5.23|
|iShares Composite Bond ETF||IAF||107.35||-1.12||8.72||0.24||181.68|
|iShares Treasury ETF||IGB||106.36||-1.5||9.38||0.26||16.71|
|iShares Govt Inflation ETF||ILB||115.41||-2.03||13.49||0.26||32.77|
|Russell Aust Select Corp Bond ETF||RCB||20.44||-0.35||5||0.28||79.93|
|Russell Aust Govt Bond ETF||RGB||21.38||-1.74||11.59||0.24||98.21|
|Russell Aust Semi-Govt Bond ETF||RSM||20.79||-0.82||7.42||0.26||147.49|
|Vanguard Aust Fxd Int Index ETF||VAF||50.28||-1.1||8.93||0.2||178.8|
|Vanguard Aust Govt Bond Index ETF||VGB||48.99||-1.3||9.55||0.2||44.7|