TORONTO, May 2, 2017 /CNW/ - The Canadian ETF Association
("CETFA") is pleased to announce that AGF
Investments Inc. ("AGF") has joined the
Association.
"We are pleased to welcome AGF as the newest member of the
CETFA," said Pat Dunwoody,
Executive Director of the Canadian ETF Association. "As our
membership continues to grow, we remain committed to representing
the ETF industry and providing Canadian investors with access to
information and resources about the benefits of ETF investing."
"With the launch of AGFiQ and our offering of ETF solutions, we
believe we are bringing to market a differentiated and unique
experience for Canadian investors. Our objective is to provide
better risk-adjusted returns by utilizing a flexible, multi-factor
process centered on the principle of viewing risk through multiple
lenses," said Jay Bhutani, Senior Vice-President, Head of ETF
Strategy, AGF Investment Inc. "As we enter this space, we are
pleased to join the CETFA and support the work they do to educate
investors and give a voice to the Canadian ETF industry."
ETFs in Canada finished 2016
with $114B in assets, an increase of
nearly $25B over the previous year
and growth rate of approximately 20%1. With their
current membership, the CETFA represents 95% of the Canadian ETF
AUM.
About the Canadian ETF Association
CETFA is the national voice of Canada's ETF industry, representing the
majority of ETF providers in Canada. Canadian investors have over
$107 billion invested in over 400
Canadian-listed ETFs. As ETF usage continues to grow in
Canada, CETFA seeks to educate
Canadians on the appropriate use of exchange traded funds, as well
as work proactively with members and regulators to ensure the ETF
industry adopts best practices and standards.
About AGF
Founded in 1957, AGF Management Limited (AGF) is a diversified
global asset management firm with retail, institutional,
alternative and high-net-worth businesses. As an independent firm,
we strive to help investors succeed by delivering excellence in
investment management and providing an exceptional client
experience. Our suite of diverse investment solutions extends
globally to a wide range of clients, from financial advisors and
individual investors to institutional investors including pension
plans, corporate plans, sovereign wealth funds and endowments and
foundations.
AGF has investment operations and client servicing teams on the
ground in North America,
Europe and Asia. With C$35.5 billion (as at March 31, 2017) in total assets under management,
AGF serves more than one million investors. AGF trades on the
Toronto Stock Exchange under the symbol AGF.B.
AGF launched its suite of exchange traded funds, QuantShares
powered by AGFiQ, on January 30,
2017. For more information visit AGFiQ.com
1. National Bank , as of December 31, 2016
SOURCE AGF