ETFGI reports the ETFs industry in Canada gathered net inflows of US$1.52 billion in July 2022

 

LONDON — August 11, 2022 — ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs industry in Canada gathered net inflows of US$1.52 billion during July, bringing year-to-date net inflows to US$16.79 billion. During the month, Canadian ETF assets increased by 5.8%, from US$243 billion at the end of June to US$257 billion, according to ETFGI's July 2022 Canadian ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.) 

Highlights 

  • Net inflows of $1.52 Bn in July 2022. 

  • Net inflows of $16.79 Bn during 2022 are the third highest on record, after YTD net inflows of $28.60 Bn in 2021 and YTD net inflows of $21.71 Bn in 2020. 

  • Assets of $257 Bn invested in ETFs listed in Canada at the end of July 2022. 

  • Assets have decreased 5.7% YTD in 2022, going from $273 Bn at the end of 2021, to $257 Bn. 

“The S&P 500 increased by 9.22% in July but is down 12.58% YTD 2022. Developed markets excluding the US increased by 5.32% in July but are down 15.84% YTD 2022. Sweden (up 12.13%) and Netherlands (up 9.64%) saw the largest increases amongst the developed markets in July. Emerging markets decreased by 0.40% during July and are down 16.46% YTD in 2022. Pakistan (down 16.59%) and China (down 8.77%) saw the largest decreases amongst emerging markets in July, while Chile (up 12.24%) and India (up 9.14%) saw the largest increases.” According to Deborah Fuhr, managing partner, founder and owner of ETFGI.

 

Growth in Canadian ETF assets as of the end of July 2022

 

 

 

 

 

 

 

 

 

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The Canadian ETF industry had 1,011 ETFs, with 1,277 listings, assets of $257 Bn, from 42 providers on 2 exchanges at the end of July 2022. 

During July, ETFs gathered net inflows of $1.52 Bn. Equity ETFs suffered net outflows of $625 Mn during July, bringing net inflows for the year through July 2022 to $6.19 Bn, lower than the $13.00 Bn in net inflows equity products had attracted at this point in 2021. Fixed income ETFs gathered net inflows of $328 Mn during July, bringing net inflows for the year through July 2022 to $2.05 Bn, lower than the $3.37 Bn in net inflows fixed income products had attracted by the end of July 2021. Active ETFs attracted net inflows of $1.51 Bn over the month, gathering net inflows for the year in Canada of $8.01 Bn, slightly lower than the $8.14 Bn in net inflows active products had reported by the end of July 2021. Currency ETFs reported net inflows of $155 Mn during July, bringing net inflows for the year through July 2022 to $36 Mn, lower than the $3.12 Bn in net inflows currency products had reported year to date in 2021. 

Substantial inflows can be attributed to the top 20 ETFs by net new assets, which collectively gathered $2.47 Bn during July. TD Canadian Long Term Federal Bond ETF (TCLB CN) gathered $313 Mn, the largest individual net inflow. 

 


Top 20 ETFs by net new assets July 2022: Canada

Name

Ticker

Assets
($ Mn)
Jul-22

NNA
($ Mn)
 YTD-22

NNA
($ Mn)
Jul-22

TD Canadian Long Term Federal Bond ETF

TCLB CN

1,052.21

875.41

313.28

BMO Short Federal Bond Index ETF  

ZFS CN

562.47

204.22

296.37

CI High Interest Savings ETF

CSAV CN

2,268.87

637.56

236.91

High Interest Savings Account Fund

HISA CN

349.43

142.84

151.44

Purpose High Interest Savings ETF

PSA CN

1,721.67

299.30

147.36

BMO Mid-Term US IG Corporate Bond Hedged to CAD Index ETF

ZMU CN

1,786.68

540.11

147.21

iShares Canadian Corporate Bond Index Fund

XCB CN

1,132.67

65.17

118.25

BMO Mid-Term US IG Corporate Bond Index ETF

ZIC CN

1,845.56

474.29

106.69

BMO MSCI Emerging Markets Index ETF

ZEM CN

921.34

(431.16)

100.97

BMO Money Market Fund

ZMMK CN

178.52

50.21

100.23

Vanguard Growth ETF Portfolio

VGRO CN

2,726.06

456.99

91.99

Invesco ESG Global Bond ETF

IWBE CN

123.46

122.15

88.87

BMO S&P/TSX Capped Composite Index ETF

ZCN CN

5,562.19

50.70

78.93

iShares MSCI EAFE IMI Index Fund

XEF CN

4,072.32

96.41

75.05

iShares Core Growth ETF Portfo

XGRO CN

1,111.70

249.51

74.20

Purpose Bitcoin ETF - CAD - Acc

BTCC/B CN

571.41

108.49

73.45

Vanguard U.S. Total Market Index ETF

VUN CN

4,139.33

578.69

69.76

BMO Short Corporate Bond Index ETF  

ZCS CN

1,077.20

108.36

69.12

Purpose Ether ETF - CAD Hdg

ETHH CN

317.45

232.79

68.30

Vanguard FTSE Canada All Cap Index ETF

VCN CN

3,719.87

320.49

64.31

 

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Investors have tended to invest in Active ETFs during July. 

Contact deborah.fuhr@etfgi.com if you have any questions or comments on the press release or ETFGI events, research or consulting services.  

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Register  for the 4th annual ETFGI Global ETFs Insight Summit Canada - in person in Toronto on Nov 30th and virtual on Dec 1st



 

ETFGI (www.ETFGI.com), a leading independent firm which has for over 10 years offered a database and factsheets for all ETFs and ETPs listed globally, published monthly research reports covering trends in the global ETFs ecosystem, provided consulting services and educational events, is excited to announce the details of our 4th annual ETFGI Global ETFs Insight Summit Canada. The event will be in person in Toronto on November 30th and December 1st will be a virtual day of content. Register now to join us!

The summit is designed to provide the opportunity for IIROC and MFDA advisors, and traders, portfolio managers, CIOs at buyside institutional investor to examine how ETFs are being selected, used and traded. Hear panel discussions on the business, technological, and regulatory developments impacting trading, best execution, ESG, crypto and Client Focused Reforms that are impacting investors.

This event will bring together leaders from across the ETF industry, including ETF sponsors, exchanges, broker-dealers, institutional investors, regulators, and other market participants.

If you can't attend on the day, register anyway and you'll receive recordings of all the sessions.

?   All sessions are recorded and you will also receive access to last year's session recordings
?   CPD educational credits 
?   Free registration for buy side institutional investors and financial advisors
 

     

 

DAY 1 – In person on November 30th at BLG’s office in Toronto from 9:30am – 5:00pm ET followed by drinks reception from 5pm – 6:30pm (attendees will receive access to virtual event content on day 2). Space is limited so register early. All sessions will be recorded.

DAY 2  – Virtual on December 1st - panel discussions on our virtual event platform.  

 


If you interested in speaking, sponsoring or have any questions please contact Deborah Fuhr deborah.fuhr@etfgi.com and Margareta Hricova margareta.hricova@etfgi.com.

 

2022 ETFGI Global ETFs Insights Summits:

  • 3rd Annual Europe & MEA (Hybrid), Sept 14 in person at the London Stock Exchange and Sept 15 & 16 virtual Register Here
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2022 ETFGI Global ETFs Insights Summits Recordings:

  • 3rd Annual LATAM, April 27 - 28 Watch Here
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Contact: 
Deborah Fuhr 
Managing Partner, Founder 
ETFGI 
Mobile: +44 777 5823 111 
Email: deborah.fuhr@etfgi.com 
Web: www.etfgi.com 

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