(Bloomberg) -- Active managers have captured 18 percent ofCanada’s ETF market compared with just 1 percent in theU.S., the result of a regulatory advantage that lets fund managerskeep their strategies close to their vest.
Actively managed exchange-traded funds make up C$26 billion($20.3 billion) of Canada’s C$141 billion ETF market.
In the U.S., active ETFs make up only $39 billion of the$3.25 trillion market, according to data compiled by Daniel Straus,vice-president of ETF and financial products research at NationalBank Financial.
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