When active investing is measured against passive investing, the winner is neither or both. Or, it depends how you look at it. In an attempt to declare a winner, research analysis firm Dalbar looked beyond theory and instead measured the impact investments have on investors’ wallets. The research found that, over a shorter term of […]
ETFGI says assets invested in smart beta equity ETFs and ETPs listed globally reached a new record high US$534 billion at the end of January 2017.
On February 21, 2017, Horizons ETFs Management filed the preliminary prospectus to list a medical marijuana ETF on the TSX. Read: Echelon Wealth to advise medical cannabis producer The Horizons Medical Marijuana Life Sciences ETF (HMMJ) would seek to replicate the performance of the North American Medical Marijuana Index, net of expenses. The index provides […]
Investment managers from BMO and Wealthsimple offered tips
Morgan Stanley has agreed to pay a US$8-million penalty and admit wrongdoing to settle SEC charges related to single-inverse ETF investments the firm had recommended to advisory clients. The SEC found Morgan Stanley didn’t adequately implement its policies and procedures to ensure that clients understood the risks involved with purchasing inverse ETFs, an instrument used […]
Since the beginning of the year, nine ETF providers have launched a combined 33 new products in Canada, reports National Bank in an industry note. That brings total Canadian ETF assets to $114 billion. Read: ETFs the investment of choice for younger clients Globally, ETFs and ETPs reached a record high of US$3.689 trillion at […]
ETFs and ETPs gathered a record level of US$62.13 billion in net inflows in January, says ETFGI.
BMO Asset Management Inc. has expanded its ETF suite, with new ETFs trading on the Toronto Stock Exchange today. Read: BMO Investments reduces fees, introduces new series The ETFs are listed below. BMO Canadian High Dividend Covered-Call ETF — provides higher dividend-paying Canadian securities with the addition of yield through a covered-call overlay. BMO U.S. […]
Horizons ETFs Management (Canada) and its affiliate, AlphaPro Management Inc., have reduced the management fee on the Horizons Active Cdn Municipal Bond ETF (HMP) Class E units. The fee has dropped to 0.29% from 0.35%, effective immediately. In parallel, HMP’s Advisor Class unit fee has also been reduced to 0.79% from 0.85%.
BMO Asset Management Inc. plans to list ETFs on the Aequitas NEO Exchange.