Canadian ETF inflows smash $4 billion in greatest month since March

Canadian buyers’ desire for longer-duration fixed-income ETFs continued because the US and Canadian yield curves transfer to deep inversion. Broad maturity merchandise added $2.1 billion whereas ultra-short choices misplaced $1.1 billion.

Fairness ETFs web inflows of $1.6 billion have been led by Canadian fairness ETFs, up 1% or $745 million, whereas US fairness ETFs gained 0.6% or $414 million and different worldwide choices added 0.9% or $435 million. Monetary sector ETFs have been the one sector to put up web withdrawals ($166 million).

The one product group to undergo web outflows have been crypto ETFs with a 1.3% or $29 million pullback. The cryptocurrency market was rattled in November because of the collapse of the FTX alternate and Bitcoin misplaced 18% of its worth.


Total property below administration (AUM) of Canadian ETFs totalled $318.6 billion in November.

Mounted-income’s market share by AUM was 29% ($92 billion) with Canadian fairness ETFs on 24% ($77.2 billion), US fairness ETFs on 22% ($70.6 billion) and worldwide fairness ETFs on 18% ($56.2 billion).

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