Two more managers to launch ETFs as Canadian assets grow

Since the beginning of the year, nine ETF providers have launched a combined 33 new products in Canada, reports National Bank in an industry note. That brings total Canadian ETF assets to $114 billion.

Read: ETFs the investment of choice for younger clients

Globally, ETFs and ETPs reached a record high of US$3.689 trillion at the end January 2017, surpassing the prior record of US$3.546 trillion set at the end of December 2016, says research firm ETFGI.

In the pipeline: 42 more ETFs from seven providers. Of these, four asset managers — Franklin Templeton, Desjardins, Manulife and Redwood — filed for their first ETFs.

Franklin Templeton’s new ETFs to be launched are:

• Franklin Liberty Canadian Investment-Grade Corporate,
• Franklin Liberty Risk-Managed Canadian Equity ETF,
• Franklin LibertyQT International Equity Index ETF and
• Franklin LibertyQT U.S. Equity Index ETF.

Desjardins’s forthcoming ETFs are:

• 1-5 year Laddered Canadian Corporate,
• 1-5 year Laddered Canadian Government Bond,
• Canada Multifactor-Controlled Volatility ETF,
• Canadian Preferred Share Index ETF,
• Canadian Short-Term Bond Index ETF,
• Canadian Universe Bond Index ETF,
• Dev ex-USA Cad Multifactor-Controlled Vol,
• Emerging Markets Multifactor-Controlled Vol and
• USA Multifactor-Controlled Volatility ETF.

Read about some recent launches:

AGF launches ETFs, quant investing platform

5 new iShares ETFs now on TSX

Invesco releases new series for 2 ETFs

Mackenzie adds to suite of ETFs and mutual funds

BMO Asset Management expands ETF lineup

BMO AM to list ETFs on NEO

Vanguard launches 4 fixed-income ETFs in Canada