Canadian ETFs had AUM of $291 billion, down from the level of December 2021 due to poor markets, but with $17 billion in net inflows (according to National Bank data).
“Investors have had a rough ride with markets this year,” said Mark Raes, Head of Product, BMO Global Asset Management Canada. “ETFs continue to prove their worth both strategically and tactically as access vehicles for satellite positions and as core building blocks in portfolios. Even amid heightened inflation, ETFs that focus on specific areas of the market such as infrastructure can provide a good hedge and offer protection for investors.”
Equity ETFs led the way in the Canadian market in the first half of 2022 with new net flows of $10 billion, with Canadian equity representing more than 40% of the equity inflows.
What the experts say
The BMO GAM team have shared their insights into the key themes of the ETF market at the halfway point of 2022:
Inflation: Alfred Lee (Portfolio Manager)
