The Globe and Mail reports in its Saturday, April 5, edition that in March, National Bank Financial says investors employed a multipronged strategy to navigate the trade war, with a record $13.5-billion flowing into exchange traded funds -- up 28 per cent from last December. The Globe's Rob Carrick writes that the key trends in this surge were bonds and stocks from developed markets outside North America. Investors are seeking exposure to international equity funds at eight times the usual rate due to concerns over the U.S.-Canada trade war and the perception that U.S. stocks are overvalued after significant gains. Typical international equity ETFs focus on stocks from countries like Japan, the U.K., France and Australia. In March, bond ETFs attracted more investment than all equity funds combined, continuing this trend from the first quarter. Bonds proved resilient amid early 2025 financial market volatility, reinforcing their role as a hedge against weak stock markets. The most popular fixed income ETFs included aggregate and short- to ultra-short-term bond funds. While short-term bond ETFs offer lower yields than aggregate funds, they provide reduced price volatility.