Smart Beta ETFs Reach Record Highs


    Assets invested in smart beta equity ETFs/ETPs listed globally reached a new record high of US$497 billion at the end of November 2016, says the ETFGI’s November 2016 global smart beta equity ETF and ETP industry insights report. Record levels of assets were also reached at the end of November for equity smart beta ETFs/ETPs listed in the United States at US$444.96 billion and in Canada with US$11 billion. Year to date through end of November 2016, smart beta equity ETF/ETP assets have increased by 18.1 per cent from US$421 billion to US$497 billion with a five-year compound annual growth rate of 30.6 per cent.