Equities Lead Canadian ETFs
Updated: Sep 9, 2022
Canadian ETFs had $4.8 billion in net flows in March, led by Canadian equities and fixed income ETFs, says the National Bank Financial ETF report for March. Canadian ETFs concluded the first quarter of 2022 with $14 billion in flows. Equities ETFs led in March with $2.5 billion of inflows. Of that, more than half ($1.3 billion) went into Canadian equity ETFs. U.S. equity ETF inflows totaled $502 million and international equity ETF inflows were $658 million. Sector ETFs had the highest inflow among all equities categories, particularly for energy and financials. Fixed income ETFs saw inflows of $1.6 billion in March, the highest so far this year.