Claymore Investments has launched non-hedged common units of its Claymore Gold Bullion ETF. The fund is designed to provide unitholders with exposure to physical gold bullion, on a fully allocated basis, passively holding physical gold bullion. It does not anticipate making regular distributions. “The Claymore Gold Bullion ETF has done a great job of providing […]
JovFinancial Solutions Inc. has announced Hahn Investment Stewards & Company will assume the sub-advisory role for three of its funds, effective April 1, 2011. “Hahn has one of the longest track records in the world managing ETF-only global portfolios,” said Grant Rush, president of JFSI. “With their demonstrated knowledge and experience, we expect our partnership […]
AlphaPro Management has announced the launch of a new exchange traded fund that employs a covered-call strategy on a portfolio of 30 of Canada’s largest stocks. The Horizons AlphaPro Enhanced Income Equity ETF began trading today on the TSX. The ETF manager, Eden Rahim, vice-president and portfolio manager with JovInvestment Management, will write primarily near-term, […]
TMX Group has teamed up with S&P Indices once again to develop a new index to track the largest and most liquid stocks on the TSX Venture Exchange. The new S&P/TSX Venture 30 Index has already been licensed to New York based, Global X Funds, which will launch an ETF the index on March 17, […]
The Toronto CFA Society has named the first recipient of their newest award, the Toronto CFA Society & Hillsdale Canadian Investment Research Award. The honour goes to Dr. Pauline Shum, finance professor at the Schulich School of Business, York University, for her research paper “The Long and Short of Leveraged ETFs: the Financial Crisis and […]
Claymore Investments has announced the launch of the Claymore Short Duration High Income ETF. The goal of the ETF is to maximize total returns, consisting of both tax efficient monthly distributions and capital appreciation, and to preserve capital. “We continue to believe that good income products are critical for Canadian investors,” said Som Seif, president […]
BetaPro Management has launched the Horizons GMP Junior Oil and Gas Index ETF, which offers exposure to an index of Canadian-based junior energy production companies. As the name suggests, the index was developed by GMP Securities. The ETF seeks to replicate, to the extent possible, the performance of the GMP Junior Oil and Gas Index, […]
Horizons BetaPro has announced the launch of the Horizons BetaPro COMEX Copper ETF, which the company says is North America’s first non-leveraged ETF offering exposure to daily price fluctuations in copper futures contracts. “In our view, using an ETF linked to the return of copper futures is the most direct and efficient way to invest […]
Too much success can be a bad thing.
GMP Securities has launched a new index tracking small- and mid-cap companies in the energy sector. The GMP Junior Oil and Gas Index is designed to provide investors with an investable index of 48 companies that are publicly listed on the Toronto Stock Exchange. “This is the first time GMP Securities has been involved in […]