BMO Financial Group has released nine ETFs on the Toronto Stock Exchange, offering exposure to fixed income, financials, equities and basic resources.
Advisers have continued to recommend Cautious Managed funds, with the sector taking second place on Cofunds' best seller list for August.
M&G's Richard Woolnough says corporate bonds remain cheap despite the recent rally, with investment grade bond spreads now at ‘typical' recession levels.
Bonds continue to dominate UK net retail sales although equity funds are starting to gain ground, according to IMA sales figures for July.
Corporate bond funds saw a resurgence in popularity following a two-month dip in demand, accounting for a third of net sales on the Cofunds platform in July.
The recovery has begun, although it will be unpredictable and protracted, according to the International Monetary Fund's chief economist, reports the Telegraph.
Investors made a marked move towards the Cautious Managed sector last month, at the expense of corporate bond funds, which continued to fall in popularity.
Retail investors are being excluded from the UK corporate bond market, warns the Investment Management Association (IMA).