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ETF providers push their case

Posted on 08 March 2016

Self-managed superannuation funds and ETFs (exchange traded funds) are a marriage made in heaven, or so the experts keep telling us. Yet uptake of hugely popular ETFs in Australia has so far lagged the global explosion in these products.
Instead, self-managed super fund investors are notoriously weighted towards local equities and cash, with 60 per cent of assets allocated to these two assets, according to the latest figures from the Australian Taxation Office. Australian bank stocks are the most popular choice, making up almost 30 per cent of SMSF holdings, CommSec calculates, followed by resource firms at about 10 per cent, and telecommunications at 7 per cent………………………………………..Full Article: Source


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