TSX Launches New AGF-listed ETFs Amidst Rising Demand in Sector

AGF has introduced seven new ETFs on TSX, helping expand its listing for the Canadian exchange.

Toronto Stock Exchange (TSX) has opened its doors to AGF Investments Inc., a Canadian independent investment management firm, facilitating the launch of seven new QuantShares exchange-traded-funds (ETFs), covering the equities and emerging markets (EM) space.

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ETFs have been on the uptick for the past couple years – ETF assets climbed to an all time high of $2.6 trillion in 2016, up 18.1% YoY from $2.2 billion in the 2015, or $405 billion over a YoY basis, as measured by Broadridge’s Fund Distribution Intelligence (FDI) tool.

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Last year alone, TSX achieved strong growth in the ETF sector, including 77 new listed ETF instruments in 2016 – the group now has a total of 454 with a total market capitalization of approximately $113.5 billion as of year’s end.

For its part, AGF new QuantShares ETFs include the following, which will available for trading on TSX:

  • QuantShares Enhanced Core Canadian Equity ETF – QCD
  • QuantShares Enhanced Core US Equity ETF – QUS
  • QuantShares Enhanced Core International Equity ETF – QIE
  • QuantShares Enhanced Core Emerging Markets Equity ETF – QEM
  • QuantShares Global Equity Rotation ETF – QGL
  • QuantShares MultiAsset Allocation ETF – QMA
  • QuantShares MultiAsset Income Allocation ETF – QMY
Nick Thadaney
Nick Thadaney

According to Nick Thadaney, President and CEO, Global Equity Capital Markets, TMX Group, in a recent statement on the selection: “We are honoured that AGF, a Canadian investment industry leader, has chosen TSX as the listing destination for their first ETF products.”

“As the home to the world’s first ETF, we are proud to support the continued success of the industry and are committed to working with companies like AGF to provide Canadian investors with access to innovative and low cost investment products,” he added.

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