Plus, other firms announce fee changes, fund closures and mergers
There are now nearly 1,500 ETFs listed in Canada, with $519B in AUM
Plus, a new PM for a Fidelity fund, VersaBank looks to offer common shares
Continued growth and innovation are expected
More than 180 new ETFs have made their trading debut on Canadian exchanges so far in 2024
All fund categories reported strong inflows, except for cryptoasset ETFs
Launches from Evolve ETFs, BlackRock come as central banks ease
AI and cybersecurity may have growth potential, but not every client is suited for the associated higher risk
Rates cuts have created a more favourable environment for fixed income, but high-interest savings account ETFs still have their place
Number of mutual funds has remained flat since 2014