FYI: The Canadian ETF marketplace has come a long way from being the country that arguably launched the first publicly traded ETF, in 1990, to now gathering more asset flows than mutual funds.
According to the Canadian ETF Association and National Bank Financial, Canadian ETFs outsold mutual funds for the first time in 10 years, helping ETFs capture 10% of total investment fund assets. Net creations reached $20.9 billion in 2018, the second-best selling year, CETFA says. Mutual fund holdings still dwarf ETF assets, at $1.7 trillion in assets under management (AUM) versus $172 billion, respectively, but industry participants say ETFs’ market share will likely rise.
Regards,
Ted
https://www.etf.com/publications/etfr/canadas-etf-industry-set-grow-further?nopaging=1
