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Invesco Canada announced on May 1 that it will rename two ETFs. Invesco International Developed Dynamic-Multifactor Index ETF (TSX: IIMF) will change to Invesco International Developed Multifactor Index ETF and Invesco Russell 1000 Dynamic-Multifactor Index ETF (TSX: IUMF) will change to Invesco Russell 1000 Multifactor Index ETF. The name changes will apply to both CAD units and CAD hedged units, and will be effective on or about May 8, 2026. Investment objectives and strategies of the funds will remain unchanged, and ticker symbols will remain the same.
In addition Invesco announced that its Invesco Canadian Dollar Cash Management Fund will be terminated effective as of the close of business on or about July 10, 2026, and Invesco ESG Global Bond ETF (TSX: IWBE) will be terminated effective at the close of business on or about July 17, 2026.
Scotia Global Asset Management on May 1 announced a series of fund mergers, subject to applicable regulatory and securityholder approvals. The following mutual funds will be merged into its corresponding mutual fund effective on or about September 11, 2026:
Global X Investments on April 30 debuted its new Global X U.S. Infrastructure Development Index ETF (TSX: PAVE), which tracks the Indxx U.S. Infrastructure Development Index, which measures the performance of U.S.-listed companies that provide exposure to infrastructure development in the United States. This includes companies involved in construction and engineering, the production of materials and composites, transportation of materials, and the manufacturing and distribution of heavy equipment.
To achieve its investment objective, PAVE expects to invest primarily in the Global X U.S. Infrastructure Development ETF, a U.S.-domiciled and listed exchange traded fund managed by the U.S. affiliate of the Manager. No currency hedging is employed in respect of US$ Units or Cdn$ Units of the ETF.
The base currency of the ETF is U.S. dollars. The ETF is available to investors in both Canadian dollars and U.S. dollars.
Global X Investments Canada on April 29 launched its new Global X Space Tech Index ETF (TSX: ORBX), designed to provide targeted exposure to companies driving the growth and commercialization of the global space economy, including space technologies and components, launch and orbital services, space exploration and tourism, and satellite-enabled communications and data services.
Built by Mirae Asset Global Indices, the Global X Space Tech Index is a rules-based index designed to identify pure-play companies across critical segments of the upstream and downstream space economy.
CIBC Global Asset Management on April 29 announced five new CIBC Investment Grade Bond Funds and two new laddered funds (CIBC 1-5 Year Laddered Investment Grade Bond Fund and CIBC 1-5 Year U.S. Laddered Investment Grade Bond Fund) – each available in Series A, Series F and Series O.
Additionally, all new funds offer ETF series units with the exception of the CIBC 1-5 Year U.S. Laddered Investment Grade Bond Fund.
The CIBC Investment Grade Bond Funds provide investors with diversified portfolios of Canadian-dollar or U.S.-dollar denominated investment grade corporate and/or government bonds, all maturing within their respective calendar year. The CIBC 1-5 Year Laddered Investment Grade Bond Funds offer exposure to investment grade bonds by investing in an equally-weighted portfolio of five underlying funds, laddered across maturities of one to five years. Each laddered fund currently achieves this exposure by investing in units of the CIBC Investment Grade Bond Funds.
Manulife Investments on April 28 debuted its new Manulife All-in-One ETFs. The new ETFs feature actively managed asset allocation with exposure across 15 equity and fixed-income asset classes.
Manulife Conservative ETF Portfolio (TSX: MCAP) seeks to provide income and the potential for long-term capital appreciation by investing in underlying exchange traded funds and derivatives that provide exposure to global fixed income and to a lesser extent, equity securities.
Manulife Balanced ETF Portfolio (TSX: MBAP) aims for a combination of long-term capital appreciation with a secondary focus on income generation by investing in underlying exchange traded funds and derivatives that provide exposure to global equity and fixed income securities.
Manulife Growth ETF Portfolio (TSX: MGAP) targets long-term capital appreciation by investing in underlying exchange traded funds and derivatives that provide exposure to global equity and to a lesser extent, fixed income securities.
The Securities and Investment Management Association (SIMA) on April 21 announced investment fund net sales and net assets for March 2026.
Mutual fund assets totalled $2.547 trillion at the end of March, down by $93.5 billion, or 3.5%, since February. Mutual fund net sales were $1.6 billion in March.
ETF assets totalled $771.1 billion at the end of March, down by $10.8 billion, or 1.4%, since February. ETF net sales were $19.0 billion in March.
March insights
Visit the SIMA website to view the full report.
FT Portfolios Canada on April 20 announced the launch First Trust Nasdaq® Clean Edge® Smart Grid Infrastructure ETF (TSX: SGRD). The fund tracks the Nasdaq Clean Edge Smart Grid Infrastructure Index of companies that are primarily engaged and involved in electric grid electric meters and devices, networks, energy storage and management, connected mobile and enabling software used by the smart grid and electric infrastructure sector.
Sprott Inc. on April 15 debuted its Sprott Rare Earths Ex-China ETF (NSD: REXC), providing focused exposure to rare earths companies outside of China.
The fund tracks the Nasdaq Sprott Rare Earths Ex-China Index by investing at least 80% of its total assets in securities of the Index, which is designed to track the performance of global companies engaged in the mining, separation, refining, and production of rare earth elements, while excluding companies domiciled in or primarily operating in China.
Ninepoint Partners on April 13 launched eight leveraged Ninepoint HighShares ETFs and one unleveraged Ninepoint CoreShares ETF, all tied to familiar, large-cap Canadian and U.S. stocks.
The HighShares ETFs are geared primarily toward self-directed investors seeking amplified exposure and the potential for higher monthly income through a professionally managed covered call strategy. The sole CoreShares offering in the launch provides covered call exposure on an unleveraged basis and is designed with the advisor channel in mind, particularly where leveraged ETFs may be unsuitable or restricted.
Disclaimer
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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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