ETFs Internationally
The first ETF listed in Canada in 1990 on the Toronto Stock Exchange, the TIPs (Toronto 35 Index participation Fund) tracking the TSX 35 Index. The ETF industry grew rapidly in Canada and by the end of April 2011 the Canadian ETF Industry had 180 ETFs, 211 exchange listings and assets of US$43.1Bn from four providers on one stock exchange. (Source: Blackrock ETF Landscape June 2011).
Over this period ETFs expanded internationally in the United States, Europe, Asia , Australasia and other parts of the world. At the start of 2010 the ETF industry had grown to just over US$1 trillion and by the beginning of March 2011 Exchange traded products had grown to US$1.5 trillion.