ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reported today that the ETFs industry in Asia Pacific (ex-Japan) gathered net inflows of US$20.51 billion during May, bringing year-to-date net inflows to US$44.15 billion. During the first 5 months of the year, assets increased by 7.9%, going from $578.72 Bn at end of 2022 to $624.62 Bn, according to ETFGI's May 2023 Asia Pacific (ex-Japan) ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Net inflows of $20.51 Bn during May.
- YTD net inflows of $44.15 Bn are the second highest on record, while the highest recorded YTD net inflows are of $63.59 Bn for 2022.
- 23rd month of consecutive net inflows.
- Assets of $625 Bn invested in the ETFs industry in the Asia Pacific (ex-Japan) at the end of May.
- Assets increased by 7.9% YTD in 2023, going from $578.72 Bn at end of 2022 to $624.62 Bn.
“The S&P 500 increased by 0.43% in May and was up by 9.65% in 2023. Developed markets excluding the US decreased by 4.26% in May and were up 4.41% in 2023. Belgium (down 11.16%) and Portugal (down 10.80%) saw the largest decreases amongst the developed markets in May. Emerging markets decreased by 2.30% during May and were down 0.70% in 2023. South Africa (down 14.46%) and Czech Republic (down 13.52%) saw the largest decreases amongst emerging markets in May.” According to Deborah Fuhr, managing partner, founder, and owner of ETFGI.
Asia Pacific (ex-Japan) ETF and ETP asset growth as at the end of May 2023
The ETFs industry in Asia Pacific (ex-Japan) had 2,988 products, with 3,150 listings, assets of $625 Bn, from 238 providers listed on 20 exchanges in 15 countries at the end of May.
During May, ETFs gathered net inflows of 20.51 Bn. Equity ETFs gathered net inflows of $12.04 Bn during May, bringing YTD net inflows to $25.76 Bn, much lower than the $51.85 Bn in net inflows YTD in 2022. Fixed income ETFs reported net inflows of $4.10 Bn during May, bringing net inflows for the year through May to $11.33 Bn, higher than the $6.33 Bn in net inflows fixed YTD in 2022. Commodities products reported net outflows of $12 Mn during May, bringing YTD net inflows to $323 Mn, higher than the $1.44 Bn in net outflows YTD in 2022. Active ETFs attracted net inflows of $3.79 Bn during the month, gathering net inflows for the year of $6.02 Bn, higher than the $4.48 Bn in net inflows YTD in 2022.
Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $11.50 Bn during May. Hwabao WP Cash Tianyi Listed Money Market Fund (511990 CH) gathered $2.15 Bn, the largest individual net inflow.
Top 20 ETFs by net new assets in May 2023: Asia Pacific (ex-Japan)
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
Hwabao WP Cash Tianyi Listed Money Market Fund |
17,539.48 |
32.12 |
2,154.29 |
|
|
ChinaAMC CSI Science and Technology Innovation Board 50 ETF |
588000 CH |
9,162.36 |
999.41 |
1,968.42 |
|
E Fund ChiNext Price Index ETF |
159915 CH |
5,113.24 |
2,517.50 |
1,063.64 |
|
E Fund CSI Science and Technology Innovation Board 50 ETF |
588080 CH |
3,209.63 |
532.51 |
575.20 |
|
Cathay US Treasury 20+ YR ETF - Acc |
00687B TT |
1,071.99 |
787.83 |
540.06 |
|
HFT CSI Commercial Paper ETF |
511360 CH |
2,808.41 |
662.18 |
482.36 |
|
KB KBSTAR Money Market Active ETF |
455890 KS |
520.83 |
450.93 |
450.93 |
|
GTJA Allianz CSI All-share Semi-conductor Product and Equipment ETF - Acc |
512480 CH |
3,548.84 |
1,012.83 |
410.25 |
|
Yuanta/P-shares Taiwan Top 50 ETF |
0050 TT |
9,907.17 |
409.68 |
408.25 |
|
Hang Seng China Enterprises Index ETF |
2828 HK |
3,750.66 |
(540.17) |
395.08 |
|
ChinaAMC CNI Semi-conductor Chip ETF |
159995 CH |
3,644.11 |
430.99 |
372.92 |
|
China AMC China 50 ETF |
510050 CH |
7,356.06 |
(464.41) |
357.95 |
|
Yuanta US 20+ Year AAA-A Corporate Bond ETF |
00751B TT |
2,809.07 |
737.00 |
345.28 |
|
The ABF Thailand Bond Index Fund |
ABFTH TB |
334.46 |
339.65 |
339.65 |
|
Guotai CES Semi-conductor Industry ETF - Acc |
512760 CH |
2,629.23 |
358.98 |
308.15 |
|
Huatai-Pinebridge CSI 300 ETF |
510300 CH |
9,275.48 |
(1,409.44) |
288.02 |
|
HuaAn ChiNext 50 ETF Fund |
159949 CH |
2,380.09 |
1,082.92 |
281.24 |
|
CTBC Bloomberg USD Corporate 10+ Year High Grade Capped Bond ETF - Acc |
00772B TT |
3,249.13 |
1,080.24 |
266.27 |
|
ChinaAMC CSI Anime Comic and Game ETF |
159869 CH |
906.41 |
673.22 |
252.85 |
|
Capital Ice 15 + Year Single-A US Corporate Exchange Traded Fund |
00792B TT |
1,389.31 |
333.54 |
236.23 |
The top ETPs by net new assets collectively gathered $93.01 Mn during May. MERITZ SECURITIES MERITZ KAP MSB 3M ETN 64 (610066 KS) gathered $22.77 Mn, the largest individual net inflow.
Top ETPs by net inflows in May 2023: Asia Pacific (ex-Japan)
|
Name |
Ticker |
Assets |
NNA |
NNA |
|
MERITZ SECURITIES MERITZ KAP MSB 3M ETN 64 |
610066 KS |
22.77 |
22.77 |
22.77 |
|
MERITZ SECURITIES MERITZ KAP MSB 6M ETN 65 |
610064 KS |
22.76 |
22.76 |
22.76 |
|
MERITZ SECURITIES MERITZ KIS MSB 1Y ETN 66 |
610065 KS |
15.16 |
15.16 |
15.16 |
|
MERITZ SECURITIES MERITZ 3X Leverage KTB 30Y ETN 61 |
610061 KS |
33.66 |
13.47 |
13.47 |
|
Meritz Securities Meritz Leverage US Treasury Bond 30Y ETN H 38 |
610038 KS |
25.69 |
16.20 |
10.28 |
|
Perth Mint Gold - Acc |
PMGOLD AU |
474.34 |
(8.56) |
2.28 |
|
Global X Physical Silver |
ETPMAG AU |
173.32 |
5.29 |
2.18 |
|
NH QV Bloomberg Leverage Natural Gas Futures ETN H 74 |
550074 KS |
2.98 |
3.02 |
1.86 |
|
SPDR Gold Trust - Acc |
GLD SP |
935.37 |
(30.56) |
1.82 |
|
XTB EQT MQ1 MQG 4.15% DEC-27 Fund |
YTMMQ1 AU |
5.45 |
1.30 |
0.42 |
Investors have tended to invest in Equity ETFs/ETPs during May.
