Canadian exchange traded funds attracted $0.7 billion in net inflows in November, according to BlackRock Asset Management Canada Ltd.
The November inflows pushed year-to-date net inflows to $6.3 billion.
Fixed income ETFs led the way in the month with $441 million of net inflows, and it was the only asset class to generate at least $100 million in net flows.
Inverse ETFs ranked second with $77 million of net inflows, and international equity funds were third with $53 million. Canadian equity funds pulled in $45 million worth.
A single fixed income fund, the iShares DEX Universe Bond Index Fund, attracted $102 million in net new assets all by itself, but it was not the top-selling fund for the month, as the HBP NYMEX Natural Gas Bull Plus ETF attracted $104.5 million in net new assets.
Total assets under management are now $41.8 billion, up 1.2% from last month.
iShares remains the market leader with $28.2 billion in total AUM, followed by Claymore Investments with $6.7 billion, and Horizons ETFs with $3.3 billion.