SMSFs continue to fuel ETF growth

Class Super accounting software has recently released the SMSF Benchmark Report for the March 2018 quarter.

Approximately one third of ETF (exchange traded fund) investors are SMSFs and more than half of all ETF assets are held by SMSFs.

Over the last 5 years, total assets invested by SMSFs quadrupled from $4.2 billion to $19.6 billion, the percentage of SMSFs using ETFs more than doubled from 7.9% to 18.9%, and the investment in ETFs has tripled from 0.8% to 2.5%.

For more information on SMSFs or ETFs, please feel free to contact your RCB Advisors team member.