ETFGI Press Release August 2014: Canada

ETFGI’s research shows assets invested in ETFs and ETPs listed in Canada reached a new record high of 67.9 billion US dollars at the end of August 2014

LONDON — September 8th, 2014 — ETFGI’s research finds ETFs and ETPs listed in Canada reached a new record high of 67.9 billion US dollars at the end of August 2014. The Canadian ETF industry had 312 ETFs, with 432 listings, from 9 providers listed on 1 exchange according to preliminary data from ETFGI’s end August 2014 Global ETF and ETP industry insights report.

New record highs in assets were reached at the end of August by ETF/ETP industries in Canada with US$67.9 Bn, Asia Pacific (ex-Japan) with US$103.7 Bn, Europe with US$477.4 Bn, the United States with US$1.91 Tn and globally with US$2.70 Tn. YTD NNA flows reached record levels for the ETF/ETP industries in Japan at US$16.5 Bn, Europe at US$50.4 Bn, the US at US$107.3 Bn and globally at US$185.0 Bn.

“In August investors invested net new money into an array of equity and fixed income exposures due to concerns over the situations in Ukraine and Gaza. The S&P 500 was up 4% in August and closed above the 2,000 threshold for the first time on August 26th. Developed markets were up slightly, emerging markets gained 3% and Latin America was up 9% in August. August was also a good month for fixed income.” according to Deborah Fuhr, Managing Partner at ETFGI.

In August 2014, ETFs/ETPs saw net inflows of US$643 Mn. Fixed income ETFs/ETPs gathered the largest net inflows with US$294 Mn, followed by equity ETFs/ETPs with US$289 Mn, while commodity ETFs/ETPs saw net outflows of US$5 Mn.

BMO gathered the largest net ETF/ETP inflows in August with US$274 Mn, followed by Horizon with US$127 Mn and Vanguard with US$78 Mn in net inflows in August.

iShares is the largest ETF/ETP provider in terms of assets with US$42.0 Bn, reflecting 61.9% market share, BMO AM is second with US$15.5 Bn and 22.9% market share, followed by Mirae Horizons with US$4.0 Bn and 5.9% market share. The top two ETF/ETP providers, out of 9, account for 84.7% of Canadian ETF/ETP assets, while the remaining 7 providers each have less than 6% market share.

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