Theres a new ETF player on the Toronto Stock Exchange (TSX). Sphere Investment Management Inc. has listed its four sustainable yield ETFs on the exchange.
CEO and Founder of Sphere Investments, Lewis Bateman, helped ring the opening bell at the TSX to celebrate the launch of their listings. We are very proud that Sphere Investments chose to list its inaugural ETFs on TSX, said Nick Thadaney, President and CEO, Global Equity Markets, TMX Group. TSX has been a long-time supporter of the Canadian ETF marketplace, which continues to grow and evolve at an unprecedented pace, he added.
As of March 31, 2016, there were 395 ETFs and exchange-traded notes listed on the TSX, which total C$98 billion in market capitalization.