The number of Australians invested in exchange-traded funds surged 33 per cent to 1.73 million this year, according to new research, as the booming market looks set to add another 275,000 consumers next year.
Australian-listed ETFs will be held in the portfolios of more than 2 million people for the first time by the end of next year, according to researcher Investment Trends, in a new report commissioned by fund manager BetaShares.
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Aleks Vickovich leads the Financial Review's coverage of wealth management, specialising in the business and regulation of investment markets, financial advice and superannuation. Email Aleks at aleks.vickovich@afr.com
