Equities were the dominant asset class once again during the month of March, representing $2.5 billion in net flows. Cap-weighted, sector and thematic ETFs saw the strongest demand among equities. The energy sector led the pack with a record inflow of $541 million, marking its greatest single month of net flows. Within the sector, the iShares S&P\/TSX Capped Energy Index ETF (\u201cXEG-T\u201d) had its highest monthly inflow since the product\u2019s inception in 2001.<\/p>\n
Fixed income ETFs saw higher demand during the month, gathering $1.6 billion in new money. Canadian aggregate bond and U.S. bond ETFs dominated the inflow to the fixed income category. Horizons CDN Select Universe Bond ETF (\u201cHBB-T\u201d) led all ETFs with $649 million of inflows during March. Throughout the first quarter of 2022, riskier categories, such a Canadian corporate bonds, foreign bonds and preferred shares were the only ones to lose assets.<\/p>\n
Interest in cryptocurrency ETFs climbed in March, as the prices of Bitcoin and Ether began to rally from their recent dips. The asset class welcomed an additional $400 million in assets, while the Purpose Bitcoin ETF (\u201cBTCC-T\u201d) and the 3iQ CoinShares Bitcoin ETF (\u201cBTCQ-T\u201d) saw the highest inflows among the crypto funds.<\/p>\n
Early in the month, CI Global Asset Management released two new thematic equity ETFs. The CI Digital Security ETF (\u201cCBUG-T\u201d) invests in global companies that stand to potentially benefit from the increased adoption of cyber security technology. The CI Bio-Revolution ETF (\u201cCDNA-T\u201d) provides targeted exposure to companies at the forefront of advancements in genetics and biotechnology. Both ETFs charge a 0.40% management fee.<\/p>\n
Ninepoint partners successfully launched the income-focused completement to their existing energy fund. The Ninepoint Energy Income Fund (NRGI-NE) seeks to provide investors with income and capital appreciation by investing in dividend-paying, Canadian energy companies. With oil trading at all-time highs, Ninepoint Partners believed the timing seemed right to launch a dividend-paying energy fund. Investors showed that they agree, as the ETF series of this fund saw $26 million in value traded on its first day of trading.<\/p>\n
BMO Global Asset Management teamed up with Brookfield Public Securities Group to launch two new funds offering innovative solutions for investors seeking exposure to tech-focused real estate, renewables, and sustainable infrastructure. The funds aim to capture significant trends in the market, while leveraging Brookfield’s expertise in real assets and alternative investments.<\/p>\n
During the month of March, Harvest terminated the Class A and Class U units of the Harvest U.S. Equity Plus Income ETF (\u201cHUL-T\u201d).<\/p>\n\n","protected":false},"excerpt":{"rendered":"
Equities were the dominant asset class once again during the month of March, representing $2.5 billion in net flows. Cap-weighted, sector and thematic ETFs saw the strongest demand among equities. The energy sector led the pack with a record inflow of $541 million, marking its greatest single month of net flows. Within the sector, the […]<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6],"tags":[167,168],"class_list":["post-38818","post","type-post","status-publish","format-standard","hentry","category-intelligence","tag-etf","tag-etfs"],"acf":[],"yoast_head":"\n