Active ETFs are capturing an increasing share of fund assets
In 2020, equity funds trailed the S&P/TSX by almost 5%
Bond, dividend and active equity funds started trading Thursday on the Toronto Stock Exchange
Most active managers underperformed amid extreme volatility
Three of the new funds have a focus on sustainable investing
The products are focused on global infrastructure and international dividends
S&P found most managers underperformed the S&P/TSX Composite in the 12-month period to June 30
ESMA reports that costs can eat up 90% of returns
The Fidelity fixed income funds are also available in mutual fund versions
Fixed income funds have led the way so far this year