A look at what’s happening in exchange-traded funds
Based on the Scotia ETF EDGE reports from Dec. 2 to Dec. 27, spanning a four-week period, Canadian ETFs saw an inflow of $11.15 billion, a increase of $1.1 billion from the previous month. The bulk of the inflows came from equity funds, with a substantial $8.7 billion in net creation of the month’s total inflows, while fixed income accounted for $2.3 billion. Crypto lost ground with a capital retreat of $0.2 billion, perhaps signaling end-of-year profit-taking.
December has been historically a slow month for new ETF launch activity in the Canadian market, and this past month was no different. The three major US indices had stellar performances in 2024 with the Dow Jones Index returning 12.9%, and both the S&P 500 and Nasdaq each registering approximately 25%.finished the month at a distant second with $0.43 billion. The energy sector garnered increased interest for investments as iShares S&P/TSX Capped Energy Index ETFmade the top three ETFs with $0.30 billion in new capital.
Study and track financial data on any traded entity: click to open the full quote page. Data updated as ofDIY investors near the tipping point of ETF sales as industry on track to hit another record yearA flock of black swans is about to descend on the markets. Here’s what I see ahead for investors in 2025
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