Toronto Stock Exchange Celebrates 25 Years of Exchange Traded Funds

TORONTO, March 9, 2015 /CNW/ - Atul Tiwari, Managing Director, Vanguard Investments Canada Inc. & Vice Chair, Canadian ETF Association joined Ungad Chadda, Senior Vice President, Toronto Stock Exchange (TSX) to open the market to celebrate 25 Years of Listing and Trading Exchange Traded Funds (ETFs) on TSX. Also joining Mr. Tiwari were representatives from other ETF providers.  The world's first exchange-traded, index-linked product – the precursor to the modern day ETF – was launched on TSX when the Toronto 35 Index® Participation Units (TIPs®) was listed in 1990. Since then the Canadian ETF market has seen impressive growth with 2014 ending in nearly $77billion in AUM, the largest annual increase in the industry's history. As of February 28, 2015 there were 354 ETFs listed on TSX with 77 new products launched since January 2014. For more information please visit http://www.tsx.com/news.

SOURCE TMX Group Limited

Image with caption: "Atul Tiwari, Managing Director, Vanguard Investments Canada Inc. & Vice Chair, Canadian ETF Association joined Ungad Chadda, Senior Vice President, Toronto Stock Exchange (TSX) to open the market to celebrate 25 Years of Listing and Trading Exchange Traded Funds (ETFs) on TSX. Also joining Mr. Tiwari were representatives from other ETF providers. The world’s first exchange-traded, index-linked product - the precursor to the modern day ETF - was launched on TSX when the Toronto 35 Index(R) Participation Units (TIPs(R)) was listed in 1990. Since then the Canadian ETF market has seen impressive growth with 2014 ending in nearly $77billion in AUM, the largest annual increase in the industry’s history. As of February 28, 2015 there were 354 ETFs listed on TSX with 77 new products launched since January 2014. For more information please visit http://www.tsx.com/news. (CNW Group/Toronto Stock Exchange)". Image available at: http://photos.newswire.ca/images/download/20150309_C8522_PHOTO_EN_12986.jpg


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