TSX and AGF celebrate the launch of new ETFs with market open
On the heels of a record year, Toronto Stock Exchange welcomes Canada's newest ETF provider to market
January 30, 2017 (Toronto) – Toronto Stock Exchange (TSX) today welcomes AGF Investments Inc. (AGF), one of Canada's premier independent investment management firms, to open trading this morning to mark the launch of seven new QuantShares ETFs powered by AGFiQ Asset Management (AGFiQ), AGF's quantitative investing and ETF solutions platform.
"We are honoured that AGF, a Canadian investment industry leader, has chosen TSX as the listing destination for their first ETF products," said Nick Thadaney, President & CEO, Global Equity Capital Markets, TMX Group. "As the home to the world's first ETF, we are proud to support the continued success of the industry and are committed to working with companies like AGF to provide Canadian investors with access to innovative and low cost investment products."
2016 marked a record year for TSX in terms of growth in the ETF sector. TSX listed 77 new ETFs in 2016, bringing the total number of ETFs listed to 454 with a total market capitalization of approximately $113.5 billion as of December 31, 2016.
The following ETFs will begin trading on TSX today:
ETF Name | Symbol |
QuantShares Enhanced Core Canadian Equity ETF | QCD |
QuantShares Enhanced Core US Equity ETF | QUS |
QuantShares Enhanced Core International Equity ETF | QIE |
QuantShares Enhanced Core Emerging Markets Equity ETF | QEM |
QuantShares Global Equity Rotation ETF | QGL |
QuantShares MultiAsset Allocation ETF | QMA |
QuantShares MultiAsset Income Allocation ETF | QMY |
"Today is an exciting day for AGF as we bring forth a value proposition that is unique and different for Canadian investors and our clients through our new ETF offering," said Blake C. Goldring, Chairman and Chief Executive Officer, AGF Management Limited. "We are excited to enter into this new partnership with TSX and we look forward to advancing the ETF industry together."
Mr. Goldring will join Mr. Thadaney to open trading this morning at 9:30 a.m. ET.
For more information on ETFs and other exchange traded products, visit TMX Group's ETF Centre at: http://app.tmxmoney.com/etp/. The portal provides in-depth information on ETFs, including basic information and news regarding ETFs.
For Market Openings: Media may pick up a feed from the TOC (television operations centre) for all market open ceremonies. The feed is named TSX Transmit 1 and is produced at the TMX Broadcast Centre and sent live to the TOC. The client moves into position for the market open ceremony at approximately 9:27 a.m. and the markets will open with the sound of a siren (the traditional market open on Toronto Stock Exchange) at 9:30 a.m.
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets and clearinghouses for multiple asset classes including equities, fixed income and energy. Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, NGX, Shorcan, Shorcan Energy Brokers, AgriClear and other TMX Group companies provide listing markets, trading markets, clearing facilities, depository services, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across Canada (Montréal, Calgary and Vancouver), in key U.S. markets (New York, Houston) as well as in London, Beijing and Singapore. For more information about TMX Group, visit our website at www.tmx.com. Follow TMX Group on Twitter: @TMXGroup.
This news release is not, and should not be construed as, an invitation to purchase securities listed on TSX. TMX Group and its affiliates do not endorse or recommend any of the referenced securities nor should any statement in this news release be construed as advice regarding a broad investment strategy. Listing on TSX does not guarantee the future performance of a security. Please seek professional advice to evaluate specific securities.
For more information please contact:
Catherine Kee
Manager, Corporate Communications
TMX Group
416-814-8834
catherine.kee@tmx.com