Sentences with phrase «canadian etf»

In fact, Canadian ETF sales were up over 50 % in 2017 bringing total outstandings to almost $ 150 billion.

The first is they represent what Horizons calls «the latest salvo in the Canadian ETF fee war.»

Less sexy is a yield - friendly domestic pick from Alan Fustey: Horizons Active Cdn Municipal Bond ETF (HMP.A / TSX) is the first Canadian ETF focused on the Canadian municipal bond market.

With U.S. markets closed Tuesday, Canadian ETF holders would be wise to hold off rebalancing until trades resume.

A Canadian ETF worth considering is the iShares Cdn Large Cap 60 Index Fund (Toronto symbol XIU), which we cover in our Canadian Wealth Advisor newsletter.

The new iShares XEM (mer.82) is Canadian ETF version of EEM.

If you start out in exchange - traded funds, we recommend putting two - thirds of your contributions into a Canadian ETF and the remaining third into a U.S. ETF.

@Scotty: A Canadian ETF holding US ETF pays withholding tax to IRS on distributions received from the underlying ETF.

Since introducing the iShares Core series of ETFs to Canada in March 2014, 48 % of total Canadian ETF flows have gone into core funds, even though 90 % of the new funds launched since that time have been ETFs with non-core exposures, according to BlackRock data at the end of May.

As Warren Collier, head of iShares Canada, noted in a recent blog, 48 % of total Canadian ETF flows has gone into core funds since the iShares Core series of ETFs were introduced to Canada in March 2014, even though 90 % of new funds launched in that same time frame have been ETFs with non-core exposures.

Mutual fund companies managed $ 1.2 trillion worth of assets at the end of June, compared with $ 84.7 billion worth of exchange - traded funds, according to figures compiled by the Investment Funds Institute of Canada and the Canadian ETF Association.

In the last two years, Canadian ETF providers have finally launched US and international equity ETFs that do away with currency hedging.

The four segments targeted are «generally underserved by Canadian ETF issuers, and the new additions will heighten price competition and ultimately put downwards pressure on management expense ratios (MERs.)»

According to the latest industry snapshot the Canadian ETF industry just hit an important milestone.

Many readers have used our white paper, As Easy as ACB, to learn how to calculate the adjusted cost base of their Canadian ETF holdings.

To put that in context, the Canadian ETF market is now about a quarter of the size of the Canadian mutual fund sector.

(Vanguard so far controls just 0.6 % of Canadian ETF assets, but that will certainly grow significantly.)

Another useful resource is the ETF Screener on the PUR Investing website, which compares every Canadian ETF in five categories, including tracking error.

The Canadian ETF Market has to be seen as a standalone because of markets, access and borders.

iShares Canada launched the first successful Canadian ETF in 1999 and it still makes up about 80 % of the market.

«Launching this competition seemed like a natural thing to do as part of our search to find what's missing in the Canadian ETF landscape,» First Asset's president and CEO, Barry Gordon, told me in an email.

According to the Canadian ETF Association, iShares and Claymore together made up almost 83 % of ETF assets in December 2011.

Vanguard's ETFs are a class of their existing mutual funds and I'd be very surprised if any Canadian ETF is able to match Vanguard fees.

Though HEW is an interesting and unique addition to the Canadian ETF landscape, I don't see a compelling reason to rush to embrace it.

The recently released first Quarterly ETF Asset Flow Report (not available online) by the Canadian ETF Association (CETFA) shows some interesting trends.

According to the Canadian ETF Association there are more than 450 exchange - traded funds (ETFs) trading on the Toronto Stock Exchange with more being added on a regular basis.

Industry assets under management (AUM) as of Aug. 31 stood at $ 84 billion, an increase of more than 10 % since the end of 2014, says the report, which is entitled Canadian ETF Outlook 2015.

Desjardins Online Brokerage's commission credit offer, Virtual Brokers Apple gift card promotion, BMO InvestorLine's refer - a-friend and National Bank Direct Brokerage's commission - free Canadian ETF promotion are all on the chopping block this month so it will be interesting to see which discount brokerage promotion, if any, gets renewed.

The bottom line is that BMO is essentially coming out with some «me - too» ETFs that don't fill existing holes in the Canadian ETF lineup.

According to Canadian ETF Outlook 2015, the global ETF market totalled US$ 2.86 trillion in AUM as of Aug. 31, and had an average annual growth rate of 24.2 % during the past 10 years.

Questrade stepped into the Canadian ETF provider arena signalling a big move for the small independent brokerage.

I initially thought the BMO US Equity ETF and the BMO Emerging Markets Equity ETF fill gaps in the Canadian ETF lineup but I was mistaken.

The Canadian ETF with the strongest inflows so far this year has been BMO MSCI EAFE Index ETF, which provides broadly diversified exposure to international equities markets.

For investors looking for exposure to U.S. stocks, I've put together a report similar to the «Canadian ETF and Mutual Fund Comparison» that was posted last week:

In May, three of the four Canadian ETF companies banded together to form the new Canadian ETF Association.

The Canadian ETF market has grown from three funds and $ 6.6 billion in assets 15 years ago to 428 funds and $ 95 billion today, an annual growth rate of 20 %.

You should also understand that when Canadian ETF providers report performance, they do so after subtracting foreign withholding taxes: in other words, they do not presume these taxes will be subsequently recovered.

So when a Canadian ETF uses a wrap structure with an underlying US - listed ETF of international stocks, withholding taxes apply as follows:

But when a Canadian ETF holds a US - listed ETF of international stocks (sometimes called a «wrap» structure) there may be two levels of withholding tax.

What we've called «Level I» tax is levied by the countries where the stocks are domiciled (in this case, European and Asian countries), while «Level II» is an additional 15 % withheld by the US government before the US - listed ETF pays the dividends to the Canadian ETF.

This is welcome news to investors worried about the dominance of the iShares family, which now holds more than 75 % of Canadian ETF assets.

It seems Canadian ETF providers are paying more attention to foreign withholding taxes these days.

E. Canadian ETF that holds a US - listed ETF of international stocks.

Finally, a Canadian ETF that tracks a traditional US stock index without currency hedging.

A Canadian ETF that holds to maturity a ladder of 5 year bonds seems to capture all the worst aspects of the price curve.

Wouldn't that mean that the withholding tax paid by yourself on the US ETF would be recoverable, but one paid by a Canadian ETF holding a US ETF wouldn't be (the tax is part of the MER expense)?

The fact that Canada is leading the world on this trend speaks to the sophistication of its institutional investors, as well as to the diversity and strength of options available to them in the Canadian ETF marketplace.»

Bottom line: If a Canadian ETF simply holds a US - listed ETF, an additional tax drag is created due to withholding taxes that are not recoverable when the ETF is held within a RRSP account.

Now that the Canadian ETF industry has passed the magic milestone of $ 100 billion in assets, the threat to the established mutual fund industry is palpable

According to the Canadian ETF Association, iShares is already the dominant player in the ETF sector with a market share of 67 %.