Staff
Last month’s ETF inflows were the highest recorded in nine months, says National Bank’s Pat Chiefalo in a recent report.
Along with research associates Daniel Straus and Ling Zhang, he found there were Canadian ETF inflows of nearly $1 billion, or 1.5% of starting assets, in March.
Equity ETFs came out on top, says the report, but “fixed income was also positive mostly due to short-term duration funds.” In contrast, “commodity [funds] showed a negative flow number…due to precious metals outflows.”
Check out the report, or read:
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