Year-to-date inflows have already reached $73 billion
Plus, a slew of other new products and product news
Plus, more product offerings from Ninepoint, Fidelity, First Trust; several firms announce fund changes
Plus, CIBC introduces education portfolios; Harvest terminates mutual funds
Accelerate is the first in Canada to launch an ETF that provides indirect exposure to private assets through BDCs
The funds accounted for at least US$350 billion in global net asset value in 2023
Demographics, tech advancements expected to drive growth in the sector
Net redemptions doubled between 2022 and 2023
Niche products offer tradeoffs compared to market-linked GICs
The products, unique in Canada, are going strong more than a decade after debut