ETFGI Press Release December 2014: Canada

The ETF/ETP industry in Canada gathered a record level of 2.7 billion US dollars in net new assets in December 2014 according to ETFGI

LONDON — January 12, 2015 — ETFGI’s research finds the ETF/ETP industry in Canada gathered a record level of 2.7 billion US dollars in net new asset (NNA) in December 2014. During 2014 net inflows totalled US$9.2 billion. At the end of December 2014, the Canadian ETF industry had 341 ETFs, with 475 listings, assets of US$66 Bn, from 9 providers listed on 1 exchange, according to preliminary data from ETFGI’s end December 2014 Global ETF and ETP industry insights report.
 
“The global ETF/ETP industry enjoyed a very good year in 2014 gathering US$338 billion in net new assets. The US market outperformed other developed markets in 2014 marking the third year of double digit gains with the S&P 500 ending the year up 14%. Emerging markets gained 1% while developed markets were down 4% for the year.” according to Deborah Fuhr, managing partner of ETFGI.
 
There were 9 providers of ETFs/ETPs in Canada at the end of 2014 and the top 5 providers: iShares, BMO AM, Horizons, Vanguard and Powershares, have seen their combined market share decline from 98.6% to 96.7%. BMO AM and Vanguard have seen their market shares increase from 20.0% to 24.4% and from 2.8% to 4.8% respectively. Powershares market share has remained fairly stable going from 2.7% to 2.9%, while iShares has seen its market share decline from 66.6% to 59.0% during 2014. Horizons’ market share has also declined; from 6.5% to 5.5%.
 
S&P Dow Jones has the largest amount of ETF/ETP assets tracking its benchmarks with a 48.2% market share; FTSE is second with a 23.5% market share, followed by Barclays with a 5.4% market share.

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