SYNTHETIC FUNDS

Invesco reports synthetic ETFs performed well during Covid-19 market volatility

Invesco reports synthetic ETFs performed well during Covid-19 market volatility

Invesco has analysed performance and market flows related to the S&P 500, MSCI USA and MSCI World Indices and found that synthetic ETFs offering exposure to core US and global equity benchmarks have delivered strong outperformance with lower tracking errors compared to physical ETFs across the past year.

GOLD

Gold breaks all records in July

Gold breaks all records in July

The World Gold Council’s latest report finds that gold-backed ETFs recorded their eighth consecutive month of positive flows, adding 166 tonnes (t) in July – equivalent to USD9.7 billion or 4.1 per cent of assets under management (AUM).