Facts, Facts and More Facts: ETF June 2012 Wrap-up

Canadian-listed ETFs closed the first half of the year with $49.5 billion in assets, up nearly $2 billion or 4.1% from the previous month. Market volatility muted the segment’s expansion in the second calendar quarter (up 1.0%) but on a year-to-date basis, ETF assets were up 14.6%.

New inflows were the chief driver behind the ETF asset base expansion. In June ETFs reeled in $1.7 billion in net creations. The net creation tally for the second quarter was $2.5 billion, with 141 funds experiencing net creations during the period.

In June equity funds outsold fixed income ETFs bringing in $1.3 billion in net creations. The iShares S&P/TSX 60 Index Fund (XIU) led equity ETFs in net creations with $1.05 billion, accounting for the lion’s share (82%) of the equity fund intake. June’s $397 million in fixed income ETF net creations improved on the prior month’s result by 163%. Fixed income ETFs captured half of the ten positions on the June’s best-selling ETF leagues. For more, please see the upcoming issue of the ETF and Index Funds Report http://investoreconomics.com/issue/insight-etf-and-index-funds-report. Posted by Sandeep Gosal Sandeep@iei.ca.