Alex Vynokur

Leading Australian fund manager, Betashares, has announced that two of its flagship equities funds passed $4 billion in funds under management amid continued growth in the Australian ETF industry.

The Betashares Australia 200 ETF (ASX: A200) and the Betashares NASDAQ 100 ETF (ASX: NDQ) both passed $4 billion in FUM during January after collectively receiving $1.4 billion in net flows over 2023.

As a result, both NDQ and A200 are now amongst the top 10 largest ETFs in Australia.

Net flows into Australian and International equities ETFs were collectively $8.2 billion last year, helping propel the Australian ETF industry to a record $177.5 billion in funds under management at the end of 2023.

At the same time, recent research by Betashares and Investment Trends found a significant jump in plans by ETF investors to add equities exposure to their portfolios. Specifically, the research found that 53% of ETF investors plan to allocate to International equities in the next 12 months, while 48% plan to do the same for Australian equities – both significant increases on investors intentions for 2023 where the figures were 42% and 41% respectively.

Betashares CEO, Mr Alex Vynokur, said investors are utilising A200 and NDQ as significant, core allocations in their portfolios.

“Australian investors and their financial advisers are increasingly turning to Betashares to help construct diversified and robust portfolios that are well positioned for long-term wealth creation. Over time we have seen meaningful use of a number of our ETFs as long-term core holdings,” Mr Vynokur said.

“With market sentiment becoming more receptive to growth assets, we’re already starting to see more investors and their financial advisers add to their equities allocations via ETFs, after showing a clear preference for cash and fixed income ETFs during 2023,” Mr Vynokur concluded.

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