ETFs See Outflows
Updated: Aug 2
The ETFs industry in Canada suffered net outflows in June 2022 after 35 months of consecutive net inflows, says ETFGI. ETFs listed in Canada saw net outflows of US$644 million during the month, bringing year-to-date net inflows to US$15.28 billion. In June 2019, the ETFs industry in Canada suffered net outflows of US$46 million. During the month past, Canadian ETF assets decreased by 6.3 per cent, from US$260 billion at the end of May to US$243 billion.