Toronto Stock Exchange (TSX) today welcomed AGF Investments Inc. (AGF), one of Canada’s premier independent investment management firms, to open trading this morning to mark the launch of seven new QuantShares ETFs powered by AGFiQ Asset Management (AGFiQ), AGF’s quantitative investing and ETF solutions platform.
We are honoured that AGF, a Canadian investment industry leader, has chosen TSX as the listing destination for their first ETF products,” said Nick Thadaney, President & CEO, Global Equity Capital Markets, TMX Group. “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.
2016 marked a record year for TSX in terms of growth in the ETF sector. TSX listed 77 new ETFs in 2016, bringing the total number of ETFs listed to 454 with a total market capitalization of approximately $113.5 billion as of December 31, 2016.
The following ETFs will begin trading on TSX today:
|QuantShares Enhanced Core Canadian Equity ETF
|QuantShares Enhanced Core US Equity ETF
|QuantShares Enhanced Core International Equity ETF
|QuantShares Enhanced Core Emerging Markets Equity ETF
|QuantShares Global Equity Rotation ETF
|QuantShares MultiAsset Allocation ETF
|QuantShares MultiAsset Income Allocation ETF
Today is an exciting day for AGF as we bring forth a value proposition that is unique and different for Canadian investors and our clients through our new ETF offering,” said Blake C. Goldring, Chairman and Chief Executive Officer, AGF Management Limited. “We are excited to enter into this new partnership with TSX and we look forward to advancing the ETF industry together.