David Stephenson, director, ETF strategy and development, CIBC Asset Management.
Active ETFs are now approximately 25% of the Canadian ETF market and account for almost 50% of total Canadian-listed ETFs, which are now over 1,000. In the U.S., active ETFs are approximately 3% of the market or $320 billion in AUM and account for 20% of U.S.-listed ETFs.
Active ETFs have grown significantly in the U.S. over the last year, and I expect that trend to continue in the years ahead. A new non-transparent structure that doesn’t require disclosure of daily holdings is a large reason why, providing a new wrapper for active managers to deliver their solutions and strategies. In fact, many large U.S. mutual fund managers are now bringing ETFs into the market. This growth will also raise visibility more, benefiting Canada as well. Active ETFs will continue to grow in Canada, in particular, fixed income, and global and international equity, which will be interesting to watch.
Canadian ETF investors get active | Advisor s Edge
advisor.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from advisor.ca Daily Mail and Mail on Sunday newspapers.
Kernel Photo Staff Takes Home Top Honors at KNPA Awards
uky.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from uky.edu Daily Mail and Mail on Sunday newspapers.
Premium Content
Subscriber only Two of the first frontline health workers to roll up their sleeves and get the COVID-19 vaccination have expressed relief after they were earlier involved in caring for positive pandemic cases at Lismore Base Hospital. But Northern NSW Local Health District chief executive Wayne Jones said the vaccination would not be mandatory, even for frontline health workers and clinicians in the intensive care unit. On Wednesday March 17, 2021, Intensive Care Nurse Rachel Benson and Infectious Diseases Registrar Dr David Stephenson received their first of two COVID-19 vaccinations. Ms Benson and Dr Stephenson both worked on the first COVID-19 positive patients admitted to Lismore Base Hospital in 2020.