Betashares has pointed to a direct correlation between governments raising defence budgets and defence ETFs’ surging FUM in the last year.
The ASX is now home to three ETFs from American Century’s Avantis Investors, after they were pulled from the Cboe Australia exchange.
Self-directed investors have turned away from income-focused investment options and towards ETFs and global equities says InvestmetMarkets.
Advisers are at the centre of a SMSF allocation shift towards ETFs given their diversification benefits, according to AUSIEX.