For the month of August, Canadian ETF industry assets under management climbed to $163.8 billion, an increase of $3.8 billion over the previous month. The increase was driven by inflows of $3 billion and market movement of $0.8 billion. The top three inflows categories were Canadian Equity, Canadian Short-Term Fixed Income and Global Fixed Income. The top-selling BMO ETFs were ZCN, ZEA and ZSP. AUM rose to $50.7 billion, and market share stood at 31%.
ETF Trade Ideas:
Chris Heakes, BMO Global Asset Management: low volatility and value ETFs
Brian Belski, BMO Capital Markets: ZUQ
