ETFGI reports assets invested in ETFs and ETPs listed in the Canada reached a new high of US$123 billion at the end of July 2018

LONDON — August 20, 2018 — ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that ETFs and ETPs listed in Canada reached a new high of US$123 billion in assets, following net inflows and market moves of US$987 million during July, according to ETFGI’s July 2018 Canada ETF and ETP industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Highlights 

  • ETF/ETP assets have increased by 2.84% to reach a record $123 Bn at the end of July.
  • ETFs and ETPs listed in Canada experienced net inflows of $987 Mn during July.
  • Fixed income ETFs/ETPs gathered the largest net inflows during July, while commodity ETFs/ETPs saw the smallest.

“The S&P 500 gained 3.72%, international markets ex US were up 1.93% and emerging markets up 2.81%. Investors are still concerned about the impact of trade wars and Brexit,” according to Deborah Fuhr, managing partner and a founder of ETFGI.

 At the end of July 2018, the Canadian ETF/ETP industry had 618 ETFs/ETPs, with 741 listings, assets of $123 Bn, from 28 providers listed on 2 exchanges. Due to net inflows and market moves the assets invested in ETFs/ETPs listed in Canada increased by 2.84% during the month, from $120 Bn at the end of June 2018, and increased by 5.17% year-to-date from $117 Bn at the end of 2017.
 

Canadian ETF and ETP asset growth as at end of July 2018

 

Fixed income ETFs and ETPs gathered net inflows of $274 Mn in July, bringing net inflows for 2018 to $179, which is less than the $3.76 Bn in net inflows at this point last year.
 
Similarly, equity ETFs/ETPs listed in Canada gathered net inflows of $148 Mn in July, bringing net inflows for 2018 to $4.17 Bn, which is less than the $4.63 Bn in net inflows at this point last year. 
 
Commodity ETFs/ETPs listed in Canada saw net inflows of $4.74 Mn in July, bringing net inflows for 2018 toto $4.91  Mn, which is less that the $12.1 Mn in net inflows at this point last year.
 
Net flows primarily went into actively managed ETFs, with net new assets of $558 Mn at the end of July, bringing net inflows to $4.50 Bn for 2018.
 
A high proportion of net inflows during July can be attributed to the top 20 ETFs by net new assets, which collectively gathered $1.01 Bn. The BMO S&P 500 Index ETF (ZSP CN) gathered $131 Mn, the largest net inflow in July.
 
Top 20 ETFs by net new assets July 2018: Canada

Name

Ticker

Assets
(US$ Mn)
 Jul-18

ADV
(US$ Mn)
Jul-18

NNA
(US$ Mn)
YTD 2018

NNA
(US$ Mn)
Jul-18

BMO S&P 500 Index ETF

ZSP CN

4,083

13

429

131

AGFiQ Enhanced Global Infrastructure ETF

QIF CN

211

4

208

89

iShares Floating Rate Index ETF

XFR CN

529

6

212

80

BMO MSCI Emerging Markets Index ETF

ZEM CN

454

4

231

71

BMO Ultra Short-Term Bond ETF

ZST CN

177

3

59

50

Vanguard FTSE Canada All Cap Index ETF

VCN CN

1,204

4

307

49

iShares MSCI USA Minimum Volatility Index Fund

XMU CN

186

3

55

49

Horizons Active Floating Rate Bond ETF

HFR CN

545

4

232

47

Mackenzie Floating Rate Income ETF

MFT CN

441

3

230

47

BMO Short Corporate Bond Index ETF  

ZCS CN

1,125

4

(170)

44

iShares Core S&P 500 Index ETF (CAD-Hedged)

XSP CN

3,425

19

141

40

BMO Aggregate Bond Index ETF

ZAG CN

2,692

8

191

40

Mackenzie Maximum Diversification US Index ETF

MUS CN

91

2

50

39

iShares Core S&P US Total Market Index ETF

XUU CN

997

3

49

38

Horizons US 7-10 Year Treasury CAD Hedged ETF

HTH CN

42

2

38

38

Horizon S&P/TSX 60 Index ETF

HXT CN

1,514

16

125

32

BMO Short Federal Bond Index ETF  

ZFS CN

726

2

27

32

BMO S&P/TSX Capped Composite Index ETF

ZCN CN

2,980

6

493

30

Vanguard Growth ETF Portfolio

VGRO CN

250

3

246

30

BetaPro Natural Gas 2x Daily Bull ETF

HNU CN

106

8

(125)

28


Investors have tended to invest in Active and Market cap ETFs during July 2018.

Please contact deborah.fuhr@etfgi.com if you would like to discuss the cost to subscribe to any of ETFGI’s research or consulting services.

 

 

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Featured Events

 

Registration is open for the 2018 ETFs Global Markets Roundtable conference in Hong Kong  
Date: October 9th 
Time: 8:30am – 5pm
Location: Ernst & Young Group Limited, 22/F CITIC Tower, 1 Tim Mei Avenue, Central, Hong Kong 
Click here to register

The conference is designed to provide the opportunity for institutional investors and financial advisors, as well as other market participants, to hear from the regulator, leading ETF issuers, major brokers, stock exchanges, law firms and others about regulatory, liquidity, pricing, trading, and technological developments impacting the use and trading of ETFs, and the impact that ETFs have on the markets and market structure. 

Free registration is available for investment advisors, as well as buyside traders, portfolio managers and fund selectors. Click here to view the current program, and registration information. 

The ETFs Global Markets Roundtable events are a series of conferences organised by ETFGI and Capital Markets Strategies. Our first event took place in June 2017 in New York City. In 2018 ETFs Global Markets Roundtable conferences were held in London on April 19 (covering EMEA), New York on May 15 (covering USA/Latin America), and Toronto on May 31 (covering Canada).  The events offer an opportunity for a substantive and in-depth discussion about the liquidity, trading, technological and regulatory developments impacting ETFs in the respective jurisdictions. 

To view the agendas, speakers and sponsors for our prior events in 2018 please click on the city name below: 
London      April 19, 2018 
New York  May 15, 2018 
Toronto      May 31, 2018   

 

Schedule of Upcoming Conferences in 2019 

EMEA (London) - March / April 2019 
US/Latin America (New York) - May 2019 
Canada (Toronto) - June 2019 
APAC (Hong Kong) - October 2018 

If you are interested in Sponsoring or Speaking at the Hong Kong event or a future event or have any questions, please contact me at  deborah.fuhr@etfgi.com 
 


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 covering trends in the global ETF/ETP ecosystem, based in London, England. Deborah Fuhr, Managing Partner, co-founder, ETFGI website www.etfgi.com. 
 
About ETFGI 
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About Deborah Fuhr 
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 honoured 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. 
 
Past awards for Ms Fuhr include she was the recipient of the 100 Women in Finance 2017 European Industry Leadership Award, the 2014 William F. Sharpe Lifetime Achievement Award for outstanding contributions to the field of index investing and she named one of the “100 Most Influential Women in Finance” by Financial News over several years, most recently in 2016. 
 
Deborah Fuhr is a founder and board member of Women in ETFs “WE” a not for profit organization to connect, support and inspire Women and Men in the ETF ecosystem. WE has over 4,200 members in chapters around the world.  www.womeninetfs.com
 
Contact: 
Deborah Fuhr 
Managing Partner 
ETFGI 
Mobile: +44 777 5823 111 
Email: deborah.fuhr@etfgi.com 
Web: www.etfgi.com 
Twitter: @deborahfuhr 
LinkedIn: ETF Network 
LinkedIn: Women In ETFs