OREANDA-NEWS. Today BMO Global Asset Management (BMO GAM) issued its Canadian ETF Outlook 2015. The report looks at top trends and topics in the Exchange Traded Fund (ETF) market and expectations for the future of the industry.

So far, the Canadian ETF industry stands at \\$84 billion in assets under management (AUM), an increase of more than 10 per cent over the end of 2014. Equity ETFs have accounted for \\$4.5 billion in inflows so far in 2015 and fixed income ETFs \\$4.7 billion.

The report noted that the Canadian ETF with the most net inflows to date in 2015 is the BMO MSCI EAFE Index ETF (ticker ZEA). The popularity of this type of ETF demonstrates that ETFs are highly efficient vehicles for making allocation decisions. For instance, given the monetary easing in Europe, investors are using ETFs to gain a broader exposure to international markets. The next highest net inflows so far this year have been in BMO Mid Federal Bond Index ETF (ticker ZFM), demonstrating the convenience of using ETFs for fixed income.

"The domestic ETF industry has seen strong momentum in 2015. Its user base has expanded as investors grow more comfortable with these funds," said Rajiv Silgardo, Co-CEO, BMO Global Asset Management. "ETFs have been able to maintain their popularity and continue to prove to be useful through changing market conditions because of their flexibility and diversification benefits."

BMO GAM's ETF business recently celebrated its sixth anniversary and currently sits at \\$22.9 billion in AUM.

About BMO Exchange Traded Funds (ETFs)

Established in June 2009, BMO Financial Group's ETF business is a leading ETF provider in Canada. BMO ETFs provide Canadian investors with broader choices and greater access to an innovative portfolio of investment products.

About BMO Financial Group

Established in 1817, BMO Financial Group is a highly diversified financial services provider based in North America. With total assets of approximately \\$672 billion as of July 31, 2015, and more than 47,000 employees, BMO provides a broad range of retail banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, Wealth Management and BMO Capital Markets.