ETFGI Reports That Assets Invested In ETFs Listed In Canada Reached US$121 Billion At The End Of November 2018

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that that assets invested in ETFs listed in Canada reached US$121 billion at the end of November 2018, an increase of 1.2% from US$120 billion at the end of October. (All dollar values in USD unless otherwise noted.)
 
Highlights

• Assets invested in ETFs listed in Canada increased by 1.2% during November 2018 to reach $121 Bn.
• Year-to-date, assets have increased by 3.5% from $117 Bn at the end of 2017.
• In November 2018, ETFs listed in Canada saw net inflows of $1.60 Bn.

 
“While trade talks continue to make noise in the headlines, the very real prospect of slowing global growth appears to be filtering into market sentiment. A seemingly more reposed approach to monetary policy along with the China-US trade truce provided enough of a tailwind to lift US markets to finish in the green by the end of November, with the S&P 500 gaining 2.04% over the month bringing the year-to-date gain to 5.11%. Apart from the Eurozone, where various domestic issues continue to dominate, most developed markets closed the month with marginal gains. The S&P developed ex-US BMI was up 0.17% in November with year-to-date declines of 9.66%. EM and FM bounced back from the October fall, finishing up 4.61% and 1.94% respectively, softening year-to-date declines to 11.2% and 9.0%”, according to Deborah Fuhr, managing partner and a founder of ETFGI.
 
According to ETFGI’s November 2018 Canadian ETF and ETP industry insights report, an annual paid-for research subscription service, assets invested in ETFs listed in Canada regained some of the ground lost during September/October, when assets fell from a record high of $131 Bn at the end of August. Year-to-date, assets have increased by 3.5%, from $117 Bn at the end of 2017. At the end of November, the Canadian ETF industry had 659 ETFs, with 793 listings, from 33 providers on 2 exchanges.
 
Canadian ETF growth as at end of November 2018


 
In November 2018, ETFs listed in Canada saw net inflows of $1.60 Bn. Equity products gathered the largest net inflows with $931 Mn, while fixed income ETFs experienced the largest net outflows with $188 Mn. Year-to-date through end of November, ETFs have seen net inflows of $14.0 Bn. Equity products gathered the largest net inflows with $7.08 Bn, while leveraged ETFs experienced the largest net outflows with $175 Mn. During November, the top 20 ETFs collectively gathered $1.97 Bn in net new assets.
 
Top 20 ETFs by monthly net inflows: Canada
 

 
Source: ETFGI data sourced from ETF/ETP sponsors, exchanges, regulatory filings, Thomson Reuters/Lipper, Bloomberg, publicly available sources and data generated in-house. Note: This report is based on the most recent data available at the time of publication. Asset and flow data may change slightly as additional data becomes available.