The proposed policy sets the minimum educational, training and experience necessary for reps to sell ETFs
The total market capitalization of ETFs listed on Canada’s senior exchange is now approximately $130 billion
The firm, which has attracted $350 million in AUM since its launch last year, now has six ETFs
Desjardins Developed ex-USA ex-Canada Multifactor-Controlled Volatility ETF seeks to replicate the performance of a developed markets multifactor-controlled volatility equity index
Mackenzie Global High Yield Fixed Income ETF aims to provide a steady income stream “with the potential for long-term capital growth”
The committee will provide the regulator with feedback on emerging issues and the regulatory framework for investment products
The new funds offer exposer to global insurers, banks, discretionary and consumer staples companies
Management fees on Horizons S&P/TSX Capped Energy Index ETF and Horizons S&P/TSX Capped Financials Index ETF have been reduced to 0.25% from 0.35%
A new report from Greenwich Associates also finds that Canadian institutional investors intend to increase their ETF allocations this year
Both firms will be launching their first suites of ETFs, with Franklin Templeton introducing four ETFs and Desjardins launching nine ETFs