In January of 2020, the Canadian ETF industry reported AUM of $211 billion, an increase of 3% over last month. The top three inflow categories were U.S. Equity, Canadian Fixed Income and Canadian Money Market.
BMO reported AUM of $65.6 billion. The top-selling BMO ETFs were ZAG (Aggregate Bonds), ZSP (U.S. Equity) and ZEM (MSCI Emerging Markets). On February 11, BMO announced the launch of 3 fixed income ETFs (including the first mortgage-backed security ETF in Canada), 2 new additions to our comprehensive suite of U.S. market solutions, and a hedged to CAD series for exposure to long-term U.S. Treasury bonds. Learn more:
BMO Asset Management Inc. Launches Innovative Fixed Income and U.S. Market ETFs
BMO Asset Management Inc. Launches New Hedged Series for BMO Long-Term US Treasury Bond Index ETF
This month’s trade ideas:
- An ETF Hat Trick: 6.5% Income, Global Growth and ESG Screening with ZWG
- Picking Up Premium on Quality Stocks
This month’s snapshots:
