ETF Performance Report - August 2023
- Trading activities in the ETF space spiked to the highest level in 7 months. ETF’s total volume/value traded improved for the third consecutive months in August 2023 to 11.46 mil units/RM 15.25 mil (+39%/+28% MoM), the highest level since January 2023, bringing the total YTD volume/value traded to 80.15 mil units/RM114.67 mil., Market volume/value traded excluding direct business transaction increased by 22%/4% MoM to 3.46mil units/RM5.71 mil.
- The MoM improvement in trading activities was mainly driven by VP-DJ Shariah China A-Shares 100 (CHINA100-MYR) where 8.00 mil units worth RM9.54 mil were traded via direct business transaction over four consecutive trading days from 24 to 29 August, making it the most traded ETF by volume and value for the month. This largely offset the contracted trading activities in ABF Msia Bond Index Fund (ABFMY1) which saw its total volume/value fell by 5.39mil units/RM6.42mil MoM after its high in July arising from an one-off direct business transaction.
- Trading activities in GOLDETF cooled further amid overall softening of gold prices in August. Total volume and value traded for GOLDETF shrank 64% and 65% MoM respectively to 230K units/RM638K in August as the prices of yellow metal retraced on higher US Treasury yield and strengthening USD before it enjoyed a tailwind in the second half of August.
- The 6 Malaysia-themed ETFs saw combined traded value moderated by 27% MoM from its 5-month high of RM931K in July to RM679K in August, with KLCI2XL (-41%) and FBMKLCI-EA (-29%) cooled the most by value.
