Madison Investments launches two actively managed ETFs in Canada
Business · 13 July 2026
Written by AI from multiple news reports
Madison Investments has launched two new ETFs in Canada, giving Canadian investors access to its actively managed U.S. equity strategies.
The two funds are the Madison US Mid Cap ETF, trading as MMID, and the Madison US Large Cap ETF, trading as MLRG. Both are listed on the Toronto Stock Exchange. Madison Investments (Canada) Ltd., the firm's Canadian subsidiary, manages the funds. Madison Asset Management, LLC acts as sub-advisor for both.
The funds use a research-based approach to selecting U.S. stocks. RBC provided the initial funding to get the funds started. RBC has worked with Madison Investments for a long time in both the U.S. and Canada. This is Madison Investments' first entry into Canada's ETF market.