BMO leads in new ETF assets

BMO Asset Management Inc. today announced that its ETF business led the Canadian ETF industry in new assets for the second consecutive year in 2012.

BMO ETFs attracted $5 billion in net new assets, up 130% from the previous year. Overall, BMO accounted for 40% of all Canadian ETF new asset inflows for the year.

Also read:

Canadian ETF market grows apace

Use this moderate risk ETF portfolio for steady growth

ETF price wars in Canada?

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.