ETFGI reports that assets invested in ETFs listed in Canada increased by a record US$24.9 billion during 2017, to a new high of US$109 billion at the end of October
LONDON — November 22, 2017 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs listed in Canada increased by a record $24.9 billion during the first 10 months of 2017, to reach a new high of US$109 billion at the end of October.
According to ETFGI’s October 2017 Canada ETF and ETP industry insights report, an annual paid-for research subscription service, assets invested in Canadian-listed ETFs grew by US$24.9 Bn year-to-date, the largest absolute annual increase on record; eclipsing the previous record increase of US$19.8 Bn for the whole of 2016.
Year-to-date, through end of October 2017, ETFs listed in Canada saw record net inflows of US$15.0 Bn; 18.1% more than net inflows for the whole of 2016, and 45.1% more than the previous YTD record for the same period of US$10.4 Bn, set in October 2016.
The majority of these flows can be attributed to the top 20 ETFs by net new assets, which collectively gathered US$8.20 Bn during 2017. The BMO Aggregate Bond Index ETF (ZAG CN) on its own accounted for net inflows of US$743 Mn.
Top 20 ETFs by net new assets: Canada
|
Name |
Ticker |
Assets |
ADV |
NNA |
|
BMO Aggregate Bond Index ETF |
ZAG CN |
2,404 |
6.5 |
743 |
|
iShares S&P/TSX Capped Composite Index Fund |
XIC CN |
2,977 |
24.8 |
706 |
|
iShares Core S&P US Total Market Index ETF |
XUU CN |
800 |
2.6 |
701 |
|
BMO S&P/TSX Capped Composite Index ETF |
ZCN CN |
2,059 |
7.3 |
614 |
|
BMO S&P 500 Index ETF |
ZSP CN |
3,140 |
21.6 |
576 |
|
BMO MSCI EAFE Index ETF |
ZEA CN |
1,524 |
4.1 |
569 |
|
Horizon S&P/TSX 60 Index ETF |
HXT CN |
1,305 |
12.3 |
469 |
|
iShares MSCI EAFE IMI Index Fund |
XEF CN |
1,082 |
4.4 |
393 |
|
BMO Europe High Dividend Covered Call Hedged to CAD ETF |
ZWE CN |
553 |
3.3 |
372 |
|
BMO Short Corporate Bond Index ETF |
ZCS CN |
1,317 |
4.4 |
340 |
|
RBC International Equity Index Etf |
RINT CN |
327 |
14.7 |
325 |
|
RBC Canadian Preferred Share ETF |
RPF CN |
462 |
2.6 |
318 |
|
BMO Laddered Preferred Share Index ETF |
ZPR CN |
1,715 |
10.0 |
309 |
|
RBC US Equity Index Etf |
RUSA CN |
296 |
13.3 |
292 |
|
Horizons Active Preferred Share ETF |
HPR CN |
1,097 |
5.6 |
280 |
|
Vanguard FTSE Canada All Cap Index ETF |
VCN CN |
830 |
2.6 |
275 |
|
BMO Discount Bond Index ETF |
ZDB CN |
410 |
1.2 |
240 |
|
BMO Mid-Term US IG Corporate Bond Index ETF |
ZIC CN |
1,113 |
2.3 |
230 |
|
Vanguard Canadian Short-Term Corporate Bond Index ETF |
VSC CN |
1,011 |
4.6 |
230 |
|
BMO Covered Call Canadian Banks ETF |
ZWB CN |
1,279 |
3.5 |
216 |
Canada-listed equity ETFs saw net inflows of $1.27 Bn in October, bringing year-to-date net inflows to $7.67 Bn, which is greater than the net inflows of $4.63 Bn over the same period last year.
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Attribution Policy: The information contained herein is proprietary. The media is welcome to use our information and ideas, provided that the following sourcing is included: ETFGI is a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, co-founder, ETFGI website www.etfgi.com.
About ETFGI
ETFGI is an independent research and consultancy firm launched in 2012 in London offering consulting services and paid for research subscription services. Our service is the only global offering of monthly reports covering each region of the world where ETFs, ETPs are listed, a monthly directory and monthly fact sheets along with a database covering all global products plus you receive insights from us.
Previously Deborah Fuhr served as global head of ETF research and implementation strategy and as a managing director at BlackRock/Barclays Global Investors from 2008 – 2011. She also worked as a managing director and head of the investment strategy team at Morgan Stanley in London from 1997 – 2008, and as an associate at Greenwich Associates.
She has been working with investors, ETF, ETP providers, index providers, exchanges, MMs and APs, regulators, trade associations, custodians, law firms, accounting firms around the world since 1997. ETFGI is honored to count as our research and consulting clients some of the leading firms in the ETF Ecosystem around the world as well as some new entrants and firms that are considering entering the ETF, ETP industry.
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