ETF inflows hit nine-month high

Last month’s ETF inflows were the highest recorded in nine months, says National Bank’s Pat Chiefalo in a recent report.

Along with research associates Daniel Straus and Ling Zhang, he found there were Canadian ETF inflows of nearly $1 billion, or 1.5% of starting assets, in March.

Equity ETFs came out on top, says the report, but “fixed income was also positive mostly due to short-term duration funds.” In contrast, “commodity [funds] showed a negative flow number…due to precious metals outflows.”

Check out the report, or read:

ETFs bounce back

Powershares Canada changes 3 ETFs, 1mutual fund

Emerging market ETFs feed boom-and-bust

The path to ETF success this year

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.