Global ETF Flow Report – 16th Nov 2020

Turkey and Gold

Largest NAV change over previous week:

Interestingly the biggest NAV movements over the previous week seem to be linked to Turkey and Gas production, obviously there has been the Turkish Grand Prix, but apparently this increase is due to the resignation of countries finance minister, apparently people believe things are going to improve.

Biggest Nav drop

Gold price suffered last week allegedly as a result of the good news associated with the Pfizer vaccine.

Largest AUM % change

Interesting launch last week of the direxion Moonshot ETF . an ETF that focuses on the 50 most innovative US companies, in smart transportation, clean power and human evolution