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HomeWealth ManagementCanadian ETFs saw billions in net inflows in October

Canadian ETFs saw billions in net inflows in October


Read more: Cash ETFs draw a billion record as risky assets convulse

With $632 million, the adjacent category of ultra short-term bond ETFs also experienced strong inflows, according to the report. Foreign bond and preferred share U.S./North America bond ETFs saw outflows.

In October, equity ETFs brought in $676 million.

Along with actively managed U.S. mid-cap ETFs, ESG ETFs continued to have inflows, while broad market ETFs, notably for the U.S. region, continued to see inflows.

The demand for exposure to Canadian equities and the associated energy sector trade, which both contributed significantly to flows and performance this year, are beginning to decline. In October, broad Canadian equity ETFs, as well as Canada’s benchmark energy sector ETF, saw outflows totaling $119 million.

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