Assets invested in exchange traded funds (ETFs) and exchange traded products (ETPs) listed in Canada reached a new record high US$79.42 billion at the end of June 2016, according to preliminary data from ETFGI’s June 2016 global ETF and ETP industry insights report.

Record levels of assets were also reached at the end of June for ETFs/ETPs listed globally at US$3.177 trillion, in the United States at US$2.256 trillion and in Japan which reached US$147.67 billion.

At the end of June 2016, the Canadian ETF industry had 422 ETFs, with 574 listings, assets of US$79.42 billion, from 16 providers listed on two exchanges.

Related: A Look at Canada as a Climbing Commodity Currency

Deborah Fuhr, managing partner at ETFGI, said markets and investors around the world were engulfed in the chaos following what many saw as the unexpected result of the UK’s June 23 vote. 

“Volatility was up significantly during the month,” Fuhr said. “The S+P 500 index was up just 0.3%. Emerging markets were up 3.94% while developed markets ex-US declined 2.87%.There is still uncertainty in the markets due to questions on when and how Brexit changes will be implement and the many changes happening in UK political parties.”

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