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Mackenzie Investments on Sept. 3 announced the launch of four new exchange traded funds.
Mackenzie Defensive Tilt ETF (TSX: MDEF) and Mackenzie Cyclical Tilt ETF (TSX: MCYC). The Mackenzie Defensive Tilt ETF holds companies that tend to perform well during economic slowdowns, while the Mackenzie Cyclical Tilt ETF focuses on companies whose performance is closely tied to the business cycle and tend to be dependent on demand for goods and services.
Mackenzie Canadian High Dividend Yield ETF (TSX: MHDC) and Mackenzie US High Dividend Yield ETF (TSX: MHDU) are designed to balance yields and growth potential by investing in high-quality companies with strong performance and compelling dividend yields. They employ a proprietary approach that integrates strategic option writing to help generate consistent income in various market conditions.
Desjardins Investments on Aug. 28 debuted two new ETFs.
Desjardins Global Macro ETF (TSX: DGLM) aims for positive returns in different market environments. The fund is diversified across various asset classes in long and/or short positions, and its underlying strategies are on aggregate designed to provide low correlation with traditional markets on average. To achieve its investment objective, DGLM invests primarily in long and short positions that provide exposure to various global asset classes including equity and fixed income securities, commodities and currencies, either directly or indirectly through the use of financial derivatives.
The fund will use leverage through the use of cash borrowings, short sales, and derivatives. It is anticipated that DGLM will use an absolute value-at-risk-based risk management approach that allows the 20-day value-at-risk of DGLM to be up to 20% of the NAV of DGLM's portfolio.
Desjardins American Mid Cap Equity Index ETF (TSX: DMID) tracks the Solactive GBS United States 400 CAD Index. Under normal market conditions, DMID will primarily invest in securities of mid-cap American companies.
Dynamic Funds on Aug. 26 launched its Dynamic Active U.S. Discount Bond ETF (TSX: DXDU.U). Offered exclusively in U.S. dollars, the ETF seeks to provide investors with attractive after-tax yield potential and moderate capital gains.
The fund will invest in a diversified, actively managed portfolio of primarily U.S. dollar-denominated investment-grade corporate bonds. The ETF will offer unhedged exposure to the U.S. corporate bond market, providing investors with access to a broader and deeper opportunity set with the potential for interest income and long-term capital growth.
CIBC Asset Management on Aug. 25 announced the launch of four new CIBC Exchange Traded Funds (ETFs) – three covered call ETFs and one all-equity ETF.
The CIBC covered call ETFs are designed to address investors’ need for stable investment solutions by combining a fundamentally-driven, concentrated portfolio of high-quality, dividend-paying stocks with a disciplined, actively managed covered call strategy to help lower portfolio volatility and proactively adapt to changing market conditions. These ETFs aim to deliver steady monthly cash flow through a combination of dividend yield and option premiums, while also seeking to participate in the growth potential of leading companies.
CIBC All-Equity ETF Portfolio (TSX: CEQY) invests primarily in CIBC index ETFs that provide broad-based equity exposure, with the objective of achieving long-term capital appreciation and offers investors a simple and efficient all-in-one equity solution. This portfolio offers diversification across various geographic regions and market capitalizations.
The Securities and Investment Management Association (SIMA) on Aug. 22 announced investment fund net sales and net assets for July 2025.
Mutual fund assets totalled $2.376 trillion at the end of July, up by $33.9 billion, or 1.4% since June. Mutual fund net sales were $4.7 billion in July.
ETF assets totalled $611.4 billion at the end of July, up by $19.2 billion, or 3.2% since June. ETF net sales were $10.3 billion in July.
July insights
Visit the SIMA website to view the full report.
Invesco Canada announced on Aug. 20 proposed changes to its Canadian exchange-traded funds (ETFs) and mutual fund line-up. In a release Invesco said the objective of this initiative is to simplify the firm’s product offerings to enable it to sharpen the focus on areas of highest client demand. Another benefit will be increased capacity to provide better service and support while investing in those high demand products.
The following TSX-listed ETFs and their Canadian dollar hedged versions where applicable, will be terminated effective at close of business on or about Dec. 12, 2025:
Invesco also plans to terminate one of its mutual funds, Invesco S&P/TSX Composite ESG Index ETF Class, effective Dec. 3, 2025. Effective immediately, this fund is closed to all investments
Mackenzie Investments on Aug. 19 announced the launch of two new U.S. equity exchange traded funds.
Mackenzie GQE US Alpha Extension ETF (TSX: MALX) uses the investment strategy and approach of the Mackenzie GQE US Alpha Extension Fund mutual fund to enhance alpha potential for portfolios with U.S. equity inclusion by employing a quantitative investment process that involves both long and short positions.
Mackenzie NASDAQ 100 Index ETF (TSX: QQQQ) offers investors exposure to the innovation space and top tech-heavy growth stocks through its tracking of the NASDAQ 100 Index. The ETF is designed to complement existing portfolios by providing access to the 100 largest and most actively traded companies listed on the NASDAQ, offering a diversified investment solution for those seeking to benefit from the growth potential of U.S. equities.
Franklin Templeton Canada on Aug. 14 announced the expansion of its ETF platform to include two new index-tracking ETFs.
Franklin U.S. Quality Moat Dividend Index ETF (CBOE CAN: FDIV) tracks the Morningstar US Dividend Opportunity Index. It targets U.S. dividend-paying stocks with durable competitive advantages, strong growth, and high-quality characteristics for those seeking total return and long-term income and growth potential.
The ETF identifies companies categorized by Morningstar as having an “economic moat,” a competitive advantage that allows a company to maintain its market position and profitability over the long term (10-20 years), as well as those with sustainable dividends.
Franklin FTSE India Index ETF (CBOE CAN: FID) tracks the FTSE India RIC Capped Index by investing in the U.S.-listed Franklin FTSE India ETF. FID invests in securities of large- and mid-capitalization Indian companies.
RBC Global Asset Management on Aug. 13 announced the termination of O'Shaughnessy Asset Management, L.L.C. as sub-advisor for RBC O'Shaughnessy Funds and proposed changes resulting from such termination, further updates on RBC U.S. small-cap equity funds, proposed changes to several RBC and Phillips, Hager & North money market funds, and the closure of RBC Trend Canadian Equity Fund.
Changes to RBC O'Shaughnessy Funds. On or about Nov. 21, 2025, O’Shaughnessy Asset Management L.L.C. will cease to be the sub-advisor for RBC O'Shaughnessy Funds. RBC GAM Inc. is proposing to merge each RBC O’Shaughnessy Fund into a suitable RBC QUBE Fund or transition it to the RBC Quantitative Investments team where it will be renamed as the appropriate RBC QUBE Fund. RBC said in a release that this change is intended to better align RBC GAM’s quantitative product offering with client needs.
The proposed changes to RBC O'Shaughnessy Funds effective on or about Nov. 21, 2025, are outlined in the table below:
Changes to RBC U.S. Small-Cap Equity Funds. RBC U.S. Small-Cap Core Equity Fund and RBC U.S. Small-Cap Value Equity Fund will be merged into RBC U.S. Mid-Cap Value Equity Fund on or about Nov. 21, 2025.
Changes to RBC and PH&N Money Market Funds. RBC proposes to merge a number of RBC and PH&N money market funds into RBC funds as shown in the table below, effective on or about Nov. 21, 2025:
SLGI Asset Management on Aug. 13 announced its decision to close Sun Life JPMorgan International Equity Fund as of the close of business on Oct. 14, 2025. In a release the company said the fund is being terminated with the goal of streamlining offerings for investors.
CIBC Asset Management Inc. on Aug. 13 announced that it will terminate the CIBC 2025 Investment Grade Bond Fund and the CIBC 2025 U.S. Investment Grade Bond Fund on Nov. 28, 2025. Effective immediately, except in limited circumstances, no further purchases for units of the Funds (including ETF Series units) will be accepted. Any units still held by unitholders as of the Termination Date will be subject to a mandatory redemption.
The ETF Series units of the CIBC 2025 Investment Grade Bond Fund (CBOE CAN: CTBA) and the CIBC 2025 U.S. Investment Grade Bond Fund (CBOE CAN: CTUC.U) are anticipated to be voluntarily delisted from Cboe Canada Inc. and trading to cease following market close on or about Nov. 26, 2025.
Global X Investments Canada on Aug. 12 announced the launch of six new ETFs within its BetaPro by Global X suite, offering new ways to access three-times and minus three-times exposure to U.S. Treasuries, Semiconductors, and the S&P/TSX 60 Index.
In a release, Global X said the new ETFs aim to provide daily investment results, before fees, expenses, distributions, brokerage commissions, and other transaction costs, that endeavour to correspond to 300% of the daily performance of the specified Underlying Index, or 300% of the inverse of the daily performance of the specified Underlying Index. The funds do not seek to achieve their stated investment objective over a period of time greater than one day and are not for investors who do not intend to actively monitor their investments daily. Any U.S. dollar gains or losses as a result of the ETFs’ investments will be hedged back to the Canadian dollar to the best of their ability.
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The foregoing is for general information purposes only and is the opinion of the writer. No guarantee of investment performance is made or implied. It is not intended to provide specific personalized advice including, without limitation, investment, financial, legal, accounting or tax advice.
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