Fidelity ETF Exchange: Q2 2023 Canadian ETF Industry Recap
July 18, 2023
On this episode of the Fidelity ETF Exchange, host Étienne Joncas Bouchard welcomes returning guest Andrei Bruno to the show. Andrei breaks down all the notable ETF industry trends of the past quarter. Flows in the Canadian ETF industry for the second quarter came in at 8 point 9 billion, bringing the YTD total to 19 point 6 billion as of end of June. Fixed-income dominated equity flows, with $5.7B versus $1.5B. Some of the other notable headlines include weakening demand for U.S. equity ETFs and continued appetite for cash alternative ETFs.