ETFGI Press Release July 2014: Canada

ETFGI Press Release July 2014: Canada

ETFGI’s analysis finds assets in ETFs and ETPs listed in Canada reached US$65.9 billion, a new record high, at the end of July 2014

LONDON — August 7th, 2014 — ETFGI’s analysis finds ETFs and ETPs listed in Canada gathered US$1.4 Bn in net new assets in July and YTD have gathered US$4.2 Bn, which has pushed assets in Canadian listed ETFs/ETPs to US$65.9 Bn, a new record high at end of July 2014. The Canadian ETF/ETP industry had 312 ETFs/ETPs, with 432 listings, from 9 providers listed on 1 exchange, according to preliminary data from ETFGI’s end July 2014 Global ETF and ETP industry insights report.

The ETF/ETP industries in Europe, in Japan and globally have gathered record levels of YTD NNA at US$42.7 Bn, US$14.9 Bn and US$160.5 Bn, respectively. New record highs in assets were reached at the end of July by ETF/ETP industries in Canada with US$66 Bn, Asia Pacific (ex-Japan) with US$103 Bn and Japan with US$91.5 Bn.

“In July investors invested the majority of new money into equity exposures as investor confidence was positive through most of month. The S&P 500 hit an all-time high during July but ended the month down 1% as market were rattled at the very end of the month by the situations in the Ukraine and Gaza and a poor start to the U.S. earnings season. Developed markets outside the US ended the month down 2%, while emerging markets gained 2%, Asia was up 5% and frontier markets were up 4% in July.” according to Deborah Fuhr, Managing Partner at ETFGI.

In July 2014, ETFs/ETPs saw net inflows of US$1.49 Bn. Equity ETFs/ETPs gathered the largest net inflows with US$1.22 Bn, followed by fixed income ETFs/ETPs with US$233 Mn, and commodity ETFs/ETPs with net inflows of US$4 Mn.

BMO AM gathered the largest net ETF/ETP inflows in July with US$877 Mn, followed by iShares with US$320 Mn and Vanguard with US$108 Mn net inflows.

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