04.02.2016 - Why 2016 Will Be The Year Of ETFs
The commodity shock, which has sent oil prices down to their lowest level in over 10 years, had a resounding negative impact on Canada’s economy, currency and equity markets in 2015, resulting in one of the most challenging years for investors since the financial crisis. But amidst the turmoil, exchange traded funds (ETFs) in Canada finished the year off strong, crossing $90 million in assets under management (AUM), and finishing the year with all-time net inflows. To put it simply, as more investors embrace ETFs, recognizing the versatility, cost efficiency and transparency they provide, we anticipate that the Canadian ETF industry will continue its momentum, surpassing $100-billion in AUM by the end of 2016 and reaching $300-billion five years from now...............................................Full Article: Source
Print