Canadian Investment Review

Equities Lead ETFs to Record Inflows

Written by Caroline Cakebread on Wednesday, February 15th, 2017 at 2:41 pm

There are now US$3.689 trillion in assets invested in exchange-traded funds globally according to a new report. The data from London-based ETFGI shows that during the month of January alone, $62.13 billion flowed into ETFs, marking three straight years of positive inflows. Total ETF assets in Canada now stand at US$88.84 billion – far behind the U.S. (US$2.641 trillion), Europe (US$598.76 billion) and Asia Pacific ex Japan (US!132.87 billion).

Equities lead the way, commanding greater inflows than commodities and fixed income during the month as investors looked to strong market performance from developed markets. All told, equity ETFs saw US$62.13 billion in assets flow in during the month followed by fixed income at US$13.13 billion, active ETFs at US$1.51 billion and commodity ETFs with net inflows of US$987 million.

North American equities were the big winner, generating an additional US$20.06 billion in new inflows in January.

etf-chart

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