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The Canadian ETF industry has $84 billion in assets under management, an increase of more than 10% compared to the end of 2014, reports Advisor.ca.
It notes that BMO’s Canadian ETF Outlook report says equity ETFs have accounted for $4.5 billion in inflows, while fixed-income ETFs have accounted for $4.7 billion.
Investors are seeking broader exposure to international markets. As a result, the type of Canadian ETF that’s seen the highest net inflows of 2015 invests in developed countries, outside of Canada and the U.S.
What else is driving ETF growth? Read more on Advisor.ca.
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