ETF sales are surging in Canada. Why and in what sectors?

Andrew Willis 11 February, 2019 | 6:00PM

 

 

Andrew Willis: ETFs have made quite an entrance in Canada, proving to be an effective and efficient avenue for asset allocation. Sales have surged with Canadian ETF assets surpassing $156 billion in 2018, up from only $113 billion in 2016. And the popularity of ETFs is poised to grow significantly according to a new report from the Bank of Montreal. According to BMO's latest annual ETF outlook report, the global ETF industry is projected to double to more than US$10 trillion, with Canada expected to grow at an even faster rate, expected to reach $400 billion in the next five years. With us today to tell us more is Mark Raes, Head of Product at BMO Global Asset Management Canada and the author of the report.

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Andrew Willis

Andrew Willis  Andrew Willis is a content editor for Morningstar.ca.

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