More than 70 per cent of mutual fund inflows ($4.7 billion of the $6.4 billion total) flowed into bond funds, the strongest category for the month. Balanced funds attracted $2.0 billion, while equity funds saw net redemptions of $1.2 billion, a reversal from the $2.7 billion in net sales recorded in June.
On the ETF side, equity products remained the engine of growth, pulling in $12.6 billion in net sales despite some softening from June’s $13.1 billion. Bond ETFs added $2.6 billion and balanced ETFs contributed $1.4 billion. Specialty ETFs attracted $1.2 billion.
A record-setting year for ETFs
The July figures cement what is shaping up to be a landmark year for the Canadian ETF industry.
With net sales already at $122.3 billion through the first seven months of 2026, the industry is on pace to comfortably surpass any annual sales record. ETF assets have grown from $713.0 billion at the end of December 2025, a gain of nearly $184 billion in just seven months.
Equity ETFs account for the largest share of assets at $600.4 billion, followed by bond ETFs at $165.5 billion, balanced ETFs at $52.0 billion, and specialty ETFs at $42.1 billion. Money market ETFs added $490 million in net sales during July, bringing their asset base to $36.6 billion.
Leave a comment