Fixed income saw inflows of $3.1 billion and a broadening out of money market ETFs and into most other categories.
There was $639 million for multi-asset, $269 million for inverse/levered, and $49 million for commodities. But crypto-asset ETFs saw $81 million in redemptions.
Each of the top five ETF providers had large inflows in October. The market remains dominated by RBC iShares with a 27.6% market share, followed by BMO at 23%, and Vanguard at 14.2%. But October was also a good month for smaller providers with unique offerings including Tralucent, Quadravest, and Corton Capital.
Fifteen new ETFs launched in October including four from Capital Group and two from JP Morgan.
Canada’s strong ETF market is not the only place where the funds are attracting more money from more investors. A global report from research and consultancy firm ETFGI shows that a record 1,426 new products were listed…
