TMX Group Inc. today announced that with the listing of two XTF Capital exchange traded funds (ETFs), Toronto Stock Exchange (TSX) has now reached over 200 exchange traded products (ETPs) comprised of 187 ETFs and 14 exchange traded notes (ETNs). The number of listed products has more than doubled in the past two years bringing the total market cap to approximately $49 billion.
Other issuers listing ETPs on TSX include Barclays Capital, BMO Financial Group, Claymore Investments, Inc., Horizons Exchange Traded Fund Group, Invesco PowerShares and iShares Funds. In 2010, there were 52 new ETP listings, and there have been 27 new ETFs listed so far this year.
“The listing of over 200 exchange traded products marks a significant achievement for TSX as we meet the increasing demand from investors who are turning to this investment tool for portfolio diversification,” said Ungad Chadda, Senior Vice President, Toronto Stock Exchange. “We'd like to take this opportunity to thank all of our issuers and welcome a new issuer, XTF Capital eXchange Traded Funds, which listed two ETFs on TSX today.”
TSX lists a diverse range of exchange traded products covering a wide variety of industry sectors and asset classes, including equities, fixed income, commodities and currencies. This diversity provides investors with products that target specific exposures and methodologies. Last year, TSX celebrated the 20th anniversary of its creation of the world's first ETF, which originated in March 1990 as an exchanged traded product based on the Toronto Stock Exchange 35 Composite Index. Today, TSX continues to provide listed issuers with the opportunity to innovate and broaden the ETP spectrum.
On June 14, 2011 at 11:00 a.m., Kevan Cowan, President, TSX Markets and Group Head of Equities, will host industry representatives for a live webcast panel discussion on ETFs. Panelists from Horizons Exchange Traded Funds Inc. and Claymore Investments Inc. will discuss the evolution of the ETF industry from passive indexing to active management.
For more information on ETFs and other exchange traded products, visit TMX Group's ETF investor information portal on www.TMX.com/etf. The portal provides in-depth information on ETPs, including basic education, investment strategies and videos.