Mounted revenue leads the cost for Canadian ETF inflows

There was robust efficiency for dividend/revenue ETFs, which outpaced the market-cap weighted class in internet flows with $201 million created, whereas sector ETFs posted inflows of $212 million. Financials and healthcare sectors had been the winners right here, whereas know-how noticed redemptions.

There have been small withdrawals for crypto-asset (-$52 million) and commodities (-$15 million) ETFs.

Regardless of the weaker efficiency for conventional 60/40 portfolios seen in 2022, multi-asset ETFs remained in favour with $357 million in new property in February with various and asset allocation funds main the pack.

New ETFs

There have been 15 new ETFs had been launched in February, together with lined name, lengthy bond, ESG and broad market index ETFs.

RBC iShares stays the chief in Canadian ETFs with a 28.5% market share, with BMO shut behind on 24.9% and Vanguard finishing the highest 3 with 13%.

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