Inflows Rise In Canadian ETFs


    Canada’s ETF industry saw strong inflows in November as investors ploughed $5.4 billion into the space, bringing the 2021 year-to-date record to $48 billion, says a report from National Bank. Equity ETFs continued to lead as creations in the category reached $3.8 billion. Canadian equity ETFs gathered up $2.1 billion, while U.S. equity ETFs and international equity ETFs took in $870 million and $843 million, respectively. Fixed income ETFs saw $308 million in flows, though some sub-categories sustained redemptions. That includes Canadian government bonds, which lost $163 million, and sub-investment grade bond ETFs, which investors pulled $52 million from.