Young Australians embrace ETF investing in record numbers

Exchange-traded funds (ETFs) are experiencing record growth in Australia, with the ASX adding 72 new ETFs over the past financial year, bringing the total to over 450 funds worth approximately $350 billion. Nearly one in five Gen Z investors are now invested in ETFs, with particular interest in funds focused on global themes including artificial intelligence, semiconductors, robotics and space technology. These investment vehicles allow Australians to access dozens or hundreds of companies simultaneously, functioning like a diversified basket of investments rather than individual stock purchases.See omnystudio.com/listener for privacy information.