ETFs seeking to replicate Australian large cap stocks indices experienced a great market session yesterday with a notable positive performance of +5,36% as well as +$57,60M of new shares from the primary market. This brought the cumulative performance over the last thirty days positive again for the first time, carried along by unprecedented stimuli, to +3,32% with investors increasing +$175,29M their exposure to the segment over the same period. Year-to-date, ETFs are still down 7,37%. 10 funds tracking 7 indices are included in the segment for a total of $4,19Bn of assets under management.
TrackInsight: Boost in performance for Australian stocks
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