ETF Performance Report - July 2023
- ETFs’ total traded volume/value jumped 165%/71% MoM to its 6-month high at 8.24 mil units/RM 11.92 mil in July 2023, bringing the total YTD volume/value traded to 68.68 mil units/RM99.42 mil. The MoM improvement was mainly led by ABF Msia Bond Index Fund (ABFMY1) where 5.40 mil units worth RM6.44 mil were traded via direct business transaction on 12 July, making it the most traded ETF by volume and value for the month. Excluding direct business transaction, total market volume/value traded, however moderated by 9%/21% MoM to 2.84mil units/RM5.48 mil.
- Trading activities in GOLDETF cooled down despite a rebound in gold prices in July. Total volume and value traded for GOLDETF shrink 53% MoM respectively from its 16-month high of 1.36 mil units/RM3.87 mil in June to 641K units/RM1.81 mil in July despite the yellow metal prices rebounded on lower US Treasury yield and weakening USD.
- Trading interest in Malaysia-focused ETFs picked up significantly amid positive domestic economic developments. The 6 Malaysia-themed ETFs saw combined traded value improved by 88% MoM to its 4-month high at RM931K in July, primarily led by KLCI2XL (+233% MoM) and FBMKLCI-EA (+74% MoM) as key domestic equities indices rallied during the month amid the launch of MADANI economy framework and National Energy Transition Roadmap (NETR) part 1 end of July.
