ETFGI: ETFs and ETPs listed in Canada reached new record end of July 2020
ETFGI: ETFs and ETPs listed in Canada reached new record end of July 2020
ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that assets invested in ETFs and ETPs listed in Canada reached US$ 171.62 billion a new record at the end of July.
ETFs and ETPs listed in Canada gathered net inflows of US$4.58 billion during June, bringing year-to-date net inflows to US$21.40 billion which is significantly more than US$9.00 billion in net inflows gathered at this point in 2019 and nearly as much as the US$20.93 billion gathered in all of 2019. At the end of the month, Canadian ETF assets increased by 7.5%, from US$159.58 billion at the end of June to US$171.62 billion according to ETFGI's July 2020 Canadian ETF and ETP industry landscape insights report, a monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)
Highlights
- Assets invested in ETFs/ETPs listed in Canada reached a new record of $171.62 BN at the end of July.
- ETFs and ETPs listed in Canada gathered net inflows of $4.58 Bn during July the second highest monthly net inflow on record. February 2020 was the largest monthly net inflow with $6.28 Bn.
- YTD net inflows are $21.40 Bn which is significantly more than $9.00 Bn in net inflows gathered at this point in 2019 and nearly as much as the $20.93 Bn gathered in all of 2019.