$125B in inflows far surpassed previous high of $76B in 2024
The funds suffered net outflows of US$2.95 billion in the month: ETFGI
The funds reached a new record of US$799.35B in assets in November: ETFGI
Clients will receive enhanced fee disclosures beginning in 2027, as part of CRM3 — advisors should explain the changes in advance
Total cost reporting will increase fee transparency, put more onus on advisors to demonstrate their value to clients
Mutual fund, ETF AUM rose for the seventh consecutive month
Plus, other product launches and news, including more ESG fund terminations
Year-to-date inflows also crossed the $100B mark in the month
Plus, more ETFs, CDRs and seg funds launched, PM changes announced
Plus, other new products from BMO, Purpose, CIBC, Desjardins, along with some fee cuts