🇨🇦 ETF Weekly Flows Recap
ETFs net inflows were lower than the prior week, yet remained in the leadership position.
• Within the broad market beta exposures, U.S.-focused ETFs climbed to +$717 million of net creations, while EAFE(+$399 million) overtook Canadian exposures (+$329 million).
• Technology (+$180 million) and utilities ETFs (+$104 million) were the sector leaders, while gold miners held onto prior inflow gains.
Fixed income net inflows doubled to +$1,870 million from last week.
• The majority of flows are concentrated within the short-dated part of the yield curve, wheremoney market, HISA and short-term bond ETFs collectively saw a combined total of+$1 billion in net inflows.
• The diversified baskets of aggregate bond ETFs (+$760 million) also remained popular.
Within asset allocation ETFs, all-equity portfolios remained the clear leader, attracting+$553 million of net inflows, while balanced(+$154 million) and growth portfolios (+$117 million) also recorded solid gains.
