Business
Australian ETFs just smashed multiple records – The Motley Fool Australia
Local exchange-traded funds (EFTs) are killing it at the moment. Here are the best performing funds right now.
Retail investors continued to pile onto exchange-traded funds (ETFs) last month, trying not to miss out on a soaring share market.
According to BetaShares, the ETF industry broke multiple records in November including total funds under management, largest dollar growth in funds under management, highest monthly net inwards flow and highest annual growth.
The industry reached an all-time high market capitalisation of $78.7 billion in November, which was further boosted to $92.3 billion after Magellan…
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