The Globe and Mail reports in its Friday, April 4, edition that Canadian investors showed a strong preference for international equity exchange traded funds over American ones last month, as they sought to avoid the potential risks associated with U.S. President Donald Trump's trade policies. The Globe's Clare O'Hara writes that in March, over $13.5-billion was invested in ETFs, marking the highest monthly total on record in Canada and surpassing the previous record set in December by 28 per cent, according to a report released this week by National Bank Financial. About $3.8-billion of this amount was invested in international equity ETFs, reflecting a significant surge in demand that was about eight times higher than usual. National Bank ETF analyst Daniel Straus said in a note, "While this trend existed on a smaller scale for the past few months, it was driven by a new desire to diversify away from the potentially overvalued U.S. equity market as its two-year bull run meets a correction." In the past five years, international equities have lagged the U.S. performance-wise, but a "sea change" might be under way, Mr. Straus added. In total, equity ETFs gathered about $6-billion in March.