Since the beginning of the year, nine ETF providers have launched a combined 33 new products in Canada, reports National Bank in an industry note. That brings total Canadian ETF assets to $114 billion.
Globally, ETFs and ETPs reached a record high of US$3.689 trillion at the end January 2017, surpassing the prior record of US$3.546 trillion set at the end of December 2016, says research firm ETFGI.
In the pipeline: 42 more ETFs from seven providers. Of these, four asset managers — Franklin Templeton, Desjardins, Manulife and Redwood — filed for their first ETFs.
Franklin Templeton’s new ETFs to be launched are:
- Franklin Liberty Canadian Investment-Grade Corporate,
- Franklin Liberty Risk-Managed Canadian Equity ETF,
- Franklin LibertyQT International Equity Index ETF and
- Franklin LibertyQT U.S. Equity Index ETF.
Desjardins’s forthcoming ETFs are:
- 1-5 year Laddered Canadian Corporate,
- 1-5 year Laddered Canadian Government Bond,
- Canada Multifactor-Controlled Volatility ETF,
- Canadian Preferred Share Index ETF,
- Canadian Short-Term Bond Index ETF,
- Canadian Universe Bond Index ETF,
- Dev ex-USA Cad Multifactor-Controlled Vol,
- Emerging Markets Multifactor-Controlled Vol and
- USA Multifactor-Controlled Volatility ETF.
Read about some recent launches:
AGF launches ETFs, quant investing platform
Invesco releases new series for 2 ETFs
Mackenzie adds to suite of ETFs and mutual funds