The amount of money held in exchange traded funds (ETFs) reached a record level in Canada last month.

According to data collected by industry research firm ETFGI, Canadian ETFs now hold $69.9 billion (all figures measured in US dollars). There are 360 ETFs in the country, offered by ten different companies, and they are all listed on the Toronto Stock Exchange.

ETFGI says that ETFs garnered $885 million in net inflows in Canada last month. The fixed income category accounted for the bulk of new investments with $701 million in net inflows, while equity and commodity ETFs gained $56 million and $24 million respectively.

Year to date, Canadian ETFs have had net inflows of $4.6 billion, with the equity and fixed income categories attracting $2.1 billion and $1.9 billion respectively, while commodity products saw net outflows of $63 million.

As for market share, ETFGI says that BMO Wealth Management led the pack in April with $586 of inflows, followed by First Asset, RBC Global Asset Management, and PowerShares with inflows of $69 million, $68 million, and $61 million respectively.