ETF association adds four members

Four new members have joined the Canadian ETF Association, strengthening its membership.

XTF Capital, the ETF subsidiary of First Asset Capital Corp, has joined as a full member of the association, and will fill one of the managing director positions on the board. They will participate equally with existing members in all operational and policy matters.

“We’re very excited to have XTF Capital join,” said Howard Atkinson, chair of the CETFA, and CEO of Horizons ETFs. “They are the fourth full member of the association and have established themselves as a leading independent Canadian asset manager.”

Barry Gordon, president of XTF Captial, is pleased that his group received invitation into the association, which “is doing great work to educate investors on the merits of ETFs and speak as a unified voice with regulators.”

The association also welcomes three affiliate members: RBC Dexia Investor Services; Blake, Cassels & Graydon LLP; and CIBC Mellon. As affiliate members, these firms will not be represented on the board, but may participate in CETFA’s committees and input on policy direction.

Investor Economics and ETF Insight also joined as affiliate members earlier this year.

“Our new affiliate members represent some of the most respected and well-known investment-focused entities in Canada. With their partnership we feel we’ve really strengthened the impact the CETFA will have on the Canadian investment landscape,” Atkinson said.

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