Canadian ETF assets are at US$82.14 billion at the end of the third quarter of 2016 according to data providers ETFGI.
Net flows gathered by ETFs/ETPs in September were USD491 million of net new assets gathered during the month marking the 23rd consecutive month of net inflows. At the end of Q3 2016, the Canadian ETF industry had 442 ETFs, with 598 listings, assets of USD82 billion, from 17 providers listed on two exchanges.
In September 2016, fixed Income ETFs/ETPs gathered the largest net inflows with USD547 million, while equity ETFs/ETPs experienced net outflows of USD273 million and commodity ETFs/ETPs had outflows of USD19 million.
YTD through end of Q3 2016, ETFs/ETPs have seen net inflows of USD10.49 billion. Fixed Income ETFs/ETPs gathered the largest net inflows YTD with USD4.63 billion, followed by equity ETFs/ETPs with USD4.62 billion, and commodity ETFs/ETPs with US219 million.
iShares is the largest ETF/ETP provider in terms of assets with USD39.13 million, reflecting 47.9 per cent market share; BMO AM is second with USD24.33 billion and 29.8 per cent market share, followed by Vanguard with USD7.07 billion and 8.6 per cent market share. The top three ETF/ETP providers, out of 17, account for 86.3 per cent of Canadian ETF/ETP assets.
Mirae Horizons gathered the largest net ETF/ETP inflows in September with USD637 million, followed by First Asset with USD419 million and BMO AM with USD320 million net inflows.
YTD, BMO AM gathered the largest net ETF/ETP inflows YTD with USD4.85 billion, followed by Vanguard with USD1.85 billion and Mirae Horizons with USD1.35 billion net inflows.
