Meanwhile, a recent ETF outlook study by the Bank of Montreal found that capital is expected to continue to keep trickling into Canadian ETFs. More product launches and industry consolidation will support this, reports Evelyn Juan for Dow Jones Newswire.
“Some of the newer ETFs will likely create further price competition,” the outlook said. Plain-vanilla market-capitalization funds will be displaced by alternative, less expensive ETFs in the long run.
Some Canadian ETFs trading in the U.S. :
iShares MSCI Canada
Tisha Guerrero contributed to this article.