| The Australian exchange traded fund (ETF) industry has swelled to a record high, breaching the $8 billion mark for the first time, according to data from ETF provider BetaShares.
The total market capitalisation of the low cost index products traded on the Australian Securities Exchange (ASX) reached a total of $8.25 billion in July. Market movement was attributable for 8.1% or $618 million of the growth while a further $162 million came from capital inflows...............................................Full Article: Source
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