ETFs have steadily chipped away at market share of the almighty mutual fund, but the wrapper still has room to grow.
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The bank’s asset management arm has made two ETFs available on the Toronto Stock Exchange, and plans to grow staff in Canada.
Roughly 30% of portfolios had exposure to active ETFs in the second quarter, up from just 13% in 2022, Fidelity reported.
Roughly $180 billion in assets flowed out of more expensive equity funds in the first half of the year.
feat. Disney’s Fitbit for kids, Chat bots that mirror their users & AR Commerce3 new patent summaries this week from Disney, Microsoft and PayPal
Three new patents from Facebook, Twitter and Microsoft, including live-streaming with video reactions, multiple message quotes & more.
3 patents from Apple, Intel and Amazon, feat. Spatial Audio Navigation, VR Keyboards & Biometric Doorbells.