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Thu, Aug

ETP Analysis Canada
Typography

ETFGI reported assets invested in ETFs/ETPs listed in Canada reached a new record high US$79.42 billion at the end of June 2016, according to preliminary data from ETFGI’s June 2016 global ETF and ETP industry insights report (click here to view the ETFGI asset growth chart for ETFs/ETPs listed in Canada).....


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ETFGI


by Deborah Fuhr, managing partner at ETFGI


Record levels of assets were also reached at the end of June for ETFs/ETPs listed globally at US$3.177 trillion, in the United States at US$2.256 trillion and in Japan which reached US$147.67 billion.

At the end of June 2016, the Canadian ETF industry had 422 ETFs, with 574 listings, assets of US$79.42 Bn, from 16 providers listed on 2 exchanges.

“Markets and investors around the world were engulfed in the chaos following what many saw as the unexpected result of the UK’s June 23rd vote. Volatility was up significantly during the month. The S+P 500 index was up just 0.3%. Emerging markets were up 3.94% while developed markets ex-US declined 2.87%.There is still uncertainty in the markets due to questions on when and how Brexit changes will be implement and the many changes happening in UK political parties" according to Deborah Fuhr, managing partner at ETFGI.

In June 2016, ETFs/ETPs listed in Canada gathered net inflows of US$1.96 Bn. Fixed income ETFs/ETPs gathered the largest net inflows with US$1.36 Bn, followed by equity ETFs/ETPs with US$632 Mn, while commodity ETFs/ETPs experienced net outflows of US$18 Mn.

YTD through end of June 2016, ETFs/ETPs listed in Canada have gathered a record level of US$8.33 Bn in net inflows surpassing the prior record of US$7.08 Bn collected YTD in 2012. Equity ETFs/ETPs gathered the largest and a YTD record level of US$4.23 Bn in net inflows, followed by fixed income ETFs/ETPs which have gathered a record level of US$3.52 Bn YTD in net new assets, and commodity ETFs/ETPs which have gathered a record YTD US$139 Mn in net inflows.

BMO AM gathered the largest net ETF/ETP inflows in June with US$945 Mn, followed by Vanguard with US$433 Mn and iShares with US$369 Mn net inflows.

YTD, BMO AM gathered the largest net ETF/ETP inflows YTD with US$4.14 Bn, followed by Vanguard with US$1.39 Bn and iShares with US$1.39 Bn net inflows.

Source: ETFWorld.com