Here's a recap of ETF activity across the Canadian market for the week of October 26–30, 2026, covering new launches, product expansions, and key updates.

Latest ETF Launches

BMO Introduces Canada's First Single-Stock Autocallable Income ETFs

BMO Asset Management launched three ETFs on Cboe Canada, introducing single-stock autocallable income strategies linked to major U.S. technology companies. The BMO Autocallable Income NVIDIA (NVDA) ETF – Series 1 (NVIA), BMO Autocallable Income Palantir (PLTR) ETF – Series 1 (PLTA), and BMO Autocallable Income Tesla (TSLA) ETF – Series 1 (TESA) seek to generate potential monthly cash flow through derivative-based autocallable transactions linked to their respective stocks. Each fund offers a degree of downside protection and has a scheduled maturity approximately three and a half years after launch, although early termination is possible. The strategies provide an alternative risk-return profile to direct stock ownership, with upside participation shaped by the autocallable structure and continued exposure to potential losses.

Scotia Expands ETF Lineup With Seven Systematic and Asset Allocation Funds

Scotia Global Asset Management launched four all-in-one asset allocation ETFs offering diversified portfolios across different risk profiles. The Scotia Conservative ETF (SBCN) targets 40% equities and 60% fixed income, the Scotia Balanced ETF (SBBA) targets a 60/40 allocation, the Scotia Growth ETF (SBGR) allocates 80% to equities, and the Scotia All-Equity ETF (SBEQ) provides full equity exposure. The funds primarily invest in Scotia Index Tracker ETFs, with management fees waived and certain expenses absorbed through October 31, 2027, targeting a 0.00% management expense ratio during the promotional period. Standard management fees of 0.15% will apply thereafter.

Scotia also expanded its Dynamic Funds lineup with three actively managed systematic equity strategies. The Dynamic Systematic Canadian Equity ETF (DSCA), Dynamic Systematic U.S. Equity ETF (DSAM), and Dynamic Systematic International Equity ETF (DSIT) target large-cap stocks across their respective markets using quantitative, multifactor investment approaches. Hillsdale Investment Management serves as sub-adviser for DSCA and DSAM, while State Street Global Advisors manages DSIT. The launches expand Scotia's active equity offering beyond traditional fundamental stock selection.

Lysander and Mackenzie Expand Canadian and Emerging Markets Equity Exposure

Lysander Funds launched an ETF series of the Lysander-Triasima Canadian Equity Fund (LTCE) on October 26, providing exchange-traded access to an existing actively managed Canadian equity strategy.

Managed by Triasima Portfolio Management, the fund seeks long-term capital appreciation through investments primarily in mid- and large-cap Canadian companies. The ETF series complements the fund's existing Series A, F, and O mutual fund units, offering investors an alternative way to access the same underlying investment strategy.

Mackenzie Investments launched the Mackenzie Modus Emerging Markets Equity ETF (MMEM), extending its systematic ETF lineup to four funds. Managed by the Mackenzie Multi-Asset Strategies Team, MMEM invests primarily in mid- and large-cap emerging market equities using a rules-based approach incorporating value, momentum, quality, and low-volatility factors. The strategy seeks to control unintended size, liquidity, country, and sector exposures. The launch follows three Modus ETFs introduced earlier in October, covering global equities, international equities, and global small- and mid-cap stocks.

ETF Filings

Evolve Files Two Dividend-Focused Asset Allocation ETFs

Evolve Funds Group filed a preliminary prospectus for two all-in-one dividend ETFs, marking its proposed entry into Canada's asset allocation ETF market. The Evolve All-Equity Dividend ETF Portfolio (EEQT) would invest primarily in global dividend-paying equities, targeting recurring income and long-term capital appreciation. The Evolve Balanced Dividend ETF Portfolio (EBAL) would combine dividend-paying global equities with income-generating fixed-income securities to provide diversified multi-asset exposure.

Product Updates

Purpose Plans Fund Closure

Purpose Investments announced plans to terminate the Purpose Global Innovators Fund, including its ETF and mutual fund units, around December 30, 2026, with new purchases suspended after October 30.

Guardian Cuts Fees

Guardian Capital reduced management fees by 25%, from 0.20% to 0.15%, across four investment-grade bond ETFs: the GuardBonds 1-3 Year Laddered Investment Grade Bond Fund (GBLF) and the GuardBonds 2027 (GBFD), 2028 (GBFE), and 2029 (GBFF) Investment Grade Bond Funds.

Issuers Revise Risk Ratings

TD Asset Management revised risk ratings for three ETFs, raising the TD Global Technology Leaders Index ETF – US$ (TEC.U) from Medium to High and the TD Active U.S. Enhanced Dividend CAD Hedged ETF (TUEX) from Medium to Medium to High, while changing the TD Select U.S. Short Term Corporate Bond Ladder ETF (TUSB) from Low to Low to Medium.

Global X also lowered the risk rating of the unhedged Global X 1-3 Year U.S. Treasury Bond Index ETF (TSTX) from Low to Medium to Low, leaving its hedged and U.S. dollar units unchanged.

Manulife Adds ETF-Based Mutual Fund Portfolios

Manulife Investments launched four mutual funds, including three ETF-based portfolio solutions: the Manulife Smart Global Dividend ETF Portfolio Fund, Manulife All-Equity ETF Portfolio Fund, and Manulife All-Fixed Income ETF Portfolio Fund. The products provide diversified income, equity, and bond exposure through underlying ETFs, while the separately launched Manulife Global Growth Fund employs fundamental stock selection under sub-adviser Axiom Investors. These are mutual fund launches rather than new standalone ETFs.

This article was written on October 31th, 2026. Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.