Head of Funds & Trading at NEO Exchange, Erik Sloane, predicts a trend will continue in the sector as ETFs continue to evolve.
“I think you’re going to see copies of different funds that are suitable for different channels whether it’s discount or advisors,” he explains. “That’s something that I think will definitely continue.”
More about NEO Exchange
Marketed as Canada’s new stock exchange, they aim to put the needs of investors, companies and dealers first. The exchange has been fully operational since June 2015. Since then, they currently offer an innovative and investor-driven trading platform for all Canadian publicly-traded securities. In addition, they have a value-added listing approach for capital raising companies and investment products. Specifically focused on liquidity, transparency and efficiency.