ETF sector on TSX hit $150B AUM high in April

By Staff | May 31, 2018 | Last updated on May 31, 2018
1 min read

The ETF sector on the TSX reached a record high of $150 billion in assets under management (AUM) on April 30, the TMX Group said in a release.

The AUM (the quoted market value was used as a proxy for AUM) of ETFs listed on the TSX has more than doubled in the last five years, the release said.

From January to April 2018, TSX listed 35 new ETFs and added three new institutions to its group of ETF providers: Bristol Gate Capital Partners Inc., Brompton Funds Limited and Scotia Global Asset Management.

TSX has 28 ETF providers in total.

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Advisor.ca staff

Staff

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