September sees record number of ETF launches

With more than 650 ETFs now trading in Canada, it's becoming more difficult to choose for the average investor, says Morningstar's Jeff Bunce.

Jeffrey Bunce, CFA 27 October, 2017 | 5:00PM
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Jeffrey Bunce: The month of September saw the launch of 32 exchange-traded funds in Canada, more than any previous month. And, so far in October, another 18 ETFs have been listed. This activity is not something to necessarily celebrate though, as new launches increasingly clutter the landscape, making it more difficult to parse. In fact, there are now over 650 ETFs trading in Canada, some of which are obviously more useful to the average investor than others. The ETFs launched in September are no different.

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About Author

Jeffrey Bunce, CFA

Jeffrey Bunce, CFA  Jeffrey Bunce, CFA, is a senior investment analyst for Morningstar’s Investment Management group.

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