07.04.2014 - The future of ETFs
Looking into the trend lines, the story is really one of growth in the long term. While we saw a slight dip in the growth rate in 2013 — 7% compared to 18% growth in the mutual-fund category — it was still a strong year for ETFs. This was really a result of market sentiment, as Canadian equity was out of favour. The Canadian ETF market reflected this, as ETFs are often the first point of access, and exit, when investors temporarily shift their tastes away from a sector. The dampening of the flows was ultimately a reflection of market and investment demand, not a reflection of the industry...............................................Full Article: Source
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