ETFs show resilience despite market volatility

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Exchange traded funds have shown more resilience than the global share markets, it has been claimed.

While global share markets plunged in January, ETF platform provider BetaShares said ETFs continued to show resilience. The Australian ETF industry saw positive net inflows of $104m for January. This brought total funds under management as at month end to $20.4bn, though total FUM decreased by 4.3% due to a decrease in asset values.

BetaShares said its best performing products for the month were the Strong Bear Hedge Funds, which increased more than 12% each.

"It is testimony to the increased depth of products now available in the Australian exchange traded fund industry that even in heavily declining markets, investors now have opportunities to protect portfolios during the turmoil," BetaShares managing director Alex Vynokur said.