Assets of ETFs/ETPs listed in Canada reach $100bn milestone

Aug 2nd, 2017 | By | Category: ETF and Index News

Research from ETFGI shows assets in ETFs/ETPs listed in Canada grew by 19% during the first half of 2017 to set a new record high of $101 billion at the end of June. The compound annual growth rate (CAGR) of assets over the last ten years now stands at 21%.

Assets of ETFs/ETPs listed in Canada hit new highs

Assets of ETFs/ETPs listed in Canada have recorded a 10-year CAGR of 21%.

At the end of June 2017, the Canadian ETF industry had 515 products with 668 listings from 24 providers on two exchanges.

ETFs and ETPs listed in Canada gathered net inflows of $2.3bn in June marking the 9th consecutive month of net inflows. Year to date, net inflows stand at a record $11bn which is significantly greater than the $8bn at this point last year.

Equity ETFs/ETPs recorded net inflows of $1.2bn in June, which brings year-to-date inflows to $5.6bn, greater than the $4.2bn over the same period last year. Fixed income ETFs/ETPs meanwhile saw net inflows of $529 million in June, growing year-to-date net inflows to $3.2bn, which is down slightly on the $3.5bn seen in the same period last year.

Commodity ETFs/ETPs saw net outflows of $23m in June, bringing year-to-date net outflows to $36m compared to net inflows of $139m seen in the first half of 2016.

Of the ETF/ETP providers, BMO AM saw the largest net inflows in June of $868m, followed by iShares with $487m and Mirae Asset Global ETFs with $285m.

In the year to date, BMO AM gathered the largest net ETF’ETP inflows with $4.6bn, followed by iShares with $1.9bn and Vanguard with $1.6bn.

Assets of ETFs/ETPs listed in Canada hit new highs

Source: ETFGI.

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