etf-portfolio-construction4

Canadian ETFs flows were strong in May, says National Bank’s Pat Chiefalo in a recent report.

Along with his research associates, he found there were inflows of $1.4 billion, or growth of 2.1%, last month. Fixed-income ETFs were the primary beneficiaries of the gain, says the report, with those holding U.S. corporate bonds leading the way.

All other asset classes had relatively flat flows. The report notes $35 million flowed out of equity and $2 million flowed out of commodities, while multi-asset gained $23 million.

In the U.S., ETF flows were $12.7 billion for the month of May. The bank’s U.S. ETF flows report says, “Fixed was a key driver, up 4%, [while] equities were up modestly by $2.8 billion, or 0.2%.”

As well, “the conservative nature of [fund] flows [was] echoed by inverse funds being up 4%, while levered long funds were down 3%…Commodities were essentially flat.”

For more on ETFs, read:

Load up on CE credits with new ETF courses

Avoid pitfalls of alternative strategies

Different ways to construct ETF portfolios

ETF inflows hit nine-month high

x

Income

MORE EQUITY INCOME.
MORE OPPORTUNITY.

Dynamic’s Equity Income team introduces four new funds designed to take advantage of opportunities in the U.S. and around the world to help deliver the income your clients need.

LEARN MORE >>>

This topic brought to you by

Dynamic Funds® | Invest with advice

Originally published on Advisor.ca

Add a comment

You must be logged in to comment.

Register on Advisor.ca