August was a strong month for Canadian ETFs, with reported assets under management of $186 billion and total inflows of $2.7 billion. Despite the volatility in the month, institutional demand helped support the increase, with U.S. Equities garnering 65% of flows, and Canadian and International Equities also attracting new money. BMO reported assets under management of $58.5 billion. The top-selling BMO ETFs were ZSP.U (S&P 500), ZDB (Discount Bonds) and ZLB (Canadian Low Volatility).
- For a snapshot on the momentum in the market check out the Fixed Income: What’s Trending and Sectors: What’s Trending charts below.
- This month’s trade ideas: Canadian Banks (ZWB & ZEB) and Emerging Markets (ZEM & ZLE)
