Canadian ETF market sees nearly 25% growth

The firm's ETF Landscape: Canada Industry Review through the end of Q3, shows assets under management says assets in Canadian ETFs and ETPs have increased by 8634.7% since the end of 1999, representing a compound annual growth rate of 51.6%. So far this year, Canadian ETFs and ETPs have seen net inflows of US$3.1bn, compared to US$7.1bn over the whole of 2009. Total numbers of products have increased 39.1% from 110 in 2009 to 153 at the end of Q3 2010. Seven of the 43 new products launched this year were unveiled in the last quarter. Equity ETFs and ETPs remain the most popular, m...