Mackenzie Financial Corporation plans to launch an active income ETF on the NEO Exchange. Mackenzie says it has received final approval from NEO and Canadian securities regulators for the launch of the Mackenzie Global High Yield Fixed Income ETF (MHYB). It’s expected to start trading April 26. The ETF aims to provide income with the […]
RBC Global Asset Management says it is changing the ticker symbols for five ETFs on the TSX. An “H” is being added to the end of the tickers to represent currency hedged funds. The changes, effective May 9, are outlined below. ETF Previous ticker New ticker RBC Quant U.S. Dividend Leaders (CAD Hedged) ETF RHU […]
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Want to invest in the breakup of the EU, or Donald Trump’s tax reforms, but don’t know where to start? Soon, it may be as easy as buying an ETF. A Missouri-based firm called Active Weighting Funds ETF Trust has filed a prospectus with the SEC for four thematic ETFs that would gain on shifts […]
BMO Asset Management has added four global ETFs to its lineup, all of which have begun trading.
These ETFs represent a small portion of First Asset's ETF AUM, and the company expects regulatory pressure.
In market speak, if passive ETFs are akin to a dog chasing its tail, for how long can it chase it? And what happens if the dog catches it? The surging popularity of passive ETFs has raised questions for market strategists about the limits of passive ETFs and how much more they can grow. Ten […]
Redwood Asset Management has launched two new ETFs, consisting of three ETF listings on NEO. They are Redwood Floating Rate Preferred Fund and Redwood U.S. Preferred Share Fund. These are the first Redwood ETFs to be launched on the public markets, and Redwood is now the fourth ETF issuer to list securities on NEO. Also […]
Canadian institutional investors hold an average of 16% of total assets under management in ETFs, finds a survey by Greenwich Associates, sponsored by BlackRock. And more than a quarter of survey respondents plan to increase their ETF holdings in the next 12 months. Helping to drive this adoption is the increasing use of ETFs to […]
Canadian investor confidence in mutual funds is on the rise, reveals the latest Manulife investor sentiment index. Overall, confidence in mutual funds increased to 22% in December 2016, up from 11% in November 2015. Similarly, IFIC reports an increase in mutual fund assets of $133.2 billion, or 11%, between January 2016 and January 2017. Read: […]