ETF Performance Report - December 2022
- Trading activities in the ETF space experienced a sharp contraction in December 2022 with total value and volume traded contracted by 76%/86% MoM respectively to RM 8.54 mil/3.80 mil units from its YTD peak of RM 35.09 mil/26.62 mil units in November. The contraction was principally led by ABF Msia Bond Index Fund (ABFMY1) with total value/volume fell by RM 27.19 mil/23.64 mil units MoM after a one-off direct business transaction on 16 November. This has brought the YTD total value and volume traded to RM123.45 mil/62.80 mil units. Total market value and volume traded (excluding direct business transaction), however improved by 7.4%/25.6% MoM in December, making it the highest trading level since April 2022.
- The 6 China-centric ETFs saw their combined value traded moderated by 21% MoM to RM3.05 mil (November: RM3.85 mil) as key China equity indices retraced amid concerns over COVID-19 outbreaks in China outweighing market optimism from the announcement of borders reopening towards the end of month. Within this theme, the Tradeplus S&P New China Tracker-MYR (CHINAETF-MYR) and VP-DJ Shariah China A-Shares 100 ETF – MYR (CHINA100-MYR) were among the most traded by value and volume in December and YTD.
- Trading in Tradeplus Shariah Gold Tracker (GOLDETF) picked up further, led by the increase in gold prices since Nov with its Net Asset Value (NAV) increased by 1.9% MoM. Both total value and volume traded for GOLDETF was up by 59% MoM respectively to RM1.76 mil and 706K units which topped the most traded ETF by value and second most traded by volume during the month as sentiment lifted on the possibility for both US Treasury yield and the US Dollar to peak out soon.
