Betashares equities ETFs exceed $4b in FUM

Two equities exchange traded funds (ETFs) operated by Betashares have each surpassed the milestone of $4 billion in funds under management (FUM) in January.

This comes as the ETF industry sees record growth in FUM, reaching $177.5 billion at the end of 2023.

The Betashares Australia 200 ETF (A200) and the Betashares NASDAQ 100 ETF (NDQ) received a combined $1.4 billion in net flows across 2023, accounting for 17 per cent of the $8.2 billion in net flows into Australian and International equities ETFs seen last year.

“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,” Betashares CEO, Alex Vynokur, said.

“Over time we have seen meaningful use of a number of our ETFs as long-term core holdings.

“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.”

New research from Betashares and Investment Trends also found more ETF investors were looking to add Australian equities (48 per cent) and international equities (53 per cent) to their portfolio in the next 12 months than in 2023 (41 per cent and 42 per cent, respectively).