On the defensive
Fixed-income managed funds, including exchange traded funds (ETFs), attracted strong attention in 2019 as investors poured into the defensive assets – and it delivered good returns. But do these funds stack up in the same way for 2020?
More than $3.7 billion of investors’ money flowed into Australian fixed-income ETFs in 2019. This is the first time these products have ranked number one for funds flowing into ETFs in Australia in a calendar year, meaning more money was invested there than in international equity ETFs ($3.6 billion) and Australian equity ETFs ($3 billion).
Alex Vynokur, chief executive of ETF provider BetaShares, says investors are turning to ETFs and fixed income when markets and
