why does australia have so few etf's?

  1. 2 Posts.
    I understand its a much smaller market than the US and its a new product but I don't know why we have so few?

    I'm really looking at getting exposure to certain sectors, consumer staples, trad and alt energy, materials and utilities... but would like the safety of diversification that ETF's offer.

    Am i missing something? Is there a way to get diversification across sectors like these on the ASX other than an ETF and without a ton of brokerage fee's?

    Cheers,
 
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