ETFGI reports record year for ETFs listed in Canada with greatest ever annual increase in invested assets of 28.3 billion US dollars during first 11 months of 2017
LONDON — December 21, 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 $28.3 billion during the first 11 months of 2017, the greatest annual increase on record, to reach a new high of US$113 billion at the end of November.
According to ETFGI’s November 2017 Canada ETF and ETP industry insights report, an annual paid-for research subscription service, assets invested in ETFs grew by 33.5%, from $84.6 Bn at the end of 2016. With one month of 2017 still to go the increase of $28.3 Bn far surpassed the previous record of $19.8 Bn for the whole of 2016.
If the trend continues through December, 2017 is also on track to see the greatest percentage increase in assets since 2009, when markets recovered following the 2008 financial crisis.
Year-to-date, through end of November 2017, ETFs listed in Canada saw record net inflows of US$17.5 Bn; 37.8% more than net inflows for the whole of 2016. Half of these flows can be attributed to the top 20 ETFs by net new assets, which collectively gathered US$8.75 Bn during 2017. The BMO Aggregate Bond Index ETF (ZAG CN) on its own accounted for net inflows of US$2.53 Bn.
Top 20 ETFs by net new assets: Canada
|
Name |
Ticker |
Assets |
ADV |
NNA |
|
BMO Aggregate Bond Index ETF |
ZAG CN |
2,532 |
9.5 |
859 |
|
iShares S&P/TSX Capped Composite Index Fund |
XIC CN |
3,121 |
13.4 |
858 |
|
iShares Core S&P US Total Market Index ETF |
XUU CN |
888 |
3.0 |
772 |
|
BMO S&P/TSX Capped Composite Index ETF |
ZCN CN |
2,170 |
7.5 |
716 |
|
BMO MSCI EAFE Index ETF |
ZEA CN |
1,576 |
2.8 |
608 |
|
iShares MSCI EAFE IMI Index Fund |
XEF CN |
1,194 |
4.6 |
499 |
|
BMO S&P 500 Index ETF |
ZSP CN |
3,112 |
26.5 |
456 |
|
BMO Europe High Dividend Covered Call Hedged to CAD ETF |
ZWE CN |
582 |
3.3 |
410 |
|
Horizon S&P/TSX 60 Index ETF |
HXT CN |
1,220 |
15.5 |
381 |
|
BMO Short Corporate Bond Index ETF |
ZCS CN |
1,339 |
4.5 |
363 |
|
RBC Canadian Preferred Share ETF |
RPF CN |
500 |
2.6 |
354 |
|
RBC International Equity Index Etf |
RINT CN |
326 |
0.0 |
325 |
|
Horizons Active Preferred Share ETF |
HPR CN |
1,146 |
4.7 |
324 |
|
Vanguard FTSE Canada All Cap Index ETF |
VCN CN |
855 |
2.6 |
298 |
|
RBC US Equity Index Etf |
RUSA CN |
296 |
0.3 |
292 |
|
BMO Laddered Preferred Share Index ETF |
ZPR CN |
1,680 |
7.4 |
271 |
|
BMO Discount Bond Index ETF |
ZDB CN |
419 |
0.8 |
247 |
|
Dynamic Ishares Active Preferred Shares ETF |
DXP CN |
254 |
1.9 |
244 |
|
Vanguard S&P 500 Index ETF |
VFV CN |
1,119 |
4.2 |
237 |
|
BMO Mid-Term US IG Corporate Bond Index ETF |
ZIC CN |
1,109 |
1.1 |
234 |
Canada-listed equity ETFs saw net inflows of $1.66 Bn in November, bringing year-to-date net inflows to $9.20 Bn, which is greater than the net inflows of $4.33 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.
Contact:
Deborah Fuhr
Managing Partner
ETFGI
Mobile: +44 777 5823 111
Email: deborah.fuhr@etfgi.com
Web: www.etfgi.com
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