‘ ETF Launch ’

First Trust switches ETF to Dorsey Wright momentum strategy

Aug 18th, 2017 | By
First Trust switches ETF to Dorsey Wright momentum strategy

First Trust has announced changes to the First Trust CBOE S&P 500 VIX Tail Hedge Fund (VIXH), transitioning the ETF to a new strategy that will harness investment advisory firm Dorsey, Wright & Associates’ research into relative strength analysis to rotate among large-cap equities and Treasuries. To reflect the changes, the fund will be rebranded the First Trust Dorsey Wright People’s Portfolio ETF (Nasdaq: DWPP).



Deutsche to cross-list emerging markets quality bond ETF on SIX

Aug 18th, 2017 | By
Deutsche Asset Management is to cross-list the db X-trackers iBoxx USD Emerging Sovereigns Quality Weighted UCITS (EUR Hedged) ETF (XQUE) on the SIX Swiss Exchange.

Deutsche Asset Management is to cross-list the db X-trackers iBoxx USD Emerging Sovereigns Quality Weighted UCITS (EUR Hedged) ETF (XQUE) on the SIX Swiss Exchange. The fund provides currency-hedged exposure to US dollar (USD) currency denominated tradable debt (bonds) issued by governments or central banks in emerging market countries.



Direxion launches triple leveraged emerging market bonds ETF

Aug 17th, 2017 | By
Sylvia Jablonski, managing director at Direxion

Inverse and leveraged ETF provider Direxion has launched the Direxion Daily Emerging Markets Bond Bull 3X Shares (NYSE Arca: EMBU), providing triple-leveraged exposure to the performance of US dollar-denominated bonds issued by 55 emerging market countries. Sylvia Jablonski, managing director at Direxion, commented: “Emerging market bonds can offer the opportunity to gain higher yield and return, which has been the case recently.”



Industry veterans launch European white-label ETF platform

Aug 16th, 2017 | By
Boost ETP co-founders announce launch of new white-label ETF platform

European ETF industry veterans Hector McNeil and Nik Bienkowksi have announced the launch of HANetf, Europe’s first independent “white label” UCITS ETF platform. The platform, which is not linked to any existing issuer, will provide third-party asset managers from around the world with the infrastructure to build and launch ETFs into Europe without having to establish their own full-service business. The pair aim to disrupt the market by lowering the barriers to entry for prospective new ETF issuers.



WisdomTree cross-lists three UCITS ETFs into Mexico

Aug 14th, 2017 | By
WisdomTree cross-lists three UCITS ETFs into Mexico

WisdomTree has cross-listed three UCITS-compliant ETFs into Mexico. The new listings, which include two broad equity funds and one broad commodity fund, bring the total number of WisdomTree ETFs listed on Bolsa Mexicana de Valores (BMV) to 42, made up of 32 US-listed ETFs and ten UCITS ETFs.



Transamerica launches new suite of strategic beta ETFs

Aug 14th, 2017 | By
Deutsche launches two strategic beta min vol ETFs

Transamerica Asset Management has launched four new strategic beta ETFs designed to provide core equity strategies with an embedded risk management feature. Called the Deltashares By Transamerica suite, the new ETFs are the first to track the S&P Manged Risk 2.0 Index Series, which offers exposure to a given segment of the equity market while seeking to control volatility.



Blue Tractor files amended SEC application for ‘shielded alpha’ ETFs

Aug 14th, 2017 | By
Blue Tractor files amended SEC application for ‘shielded alpha’ ETF structure

Blue Tractor Group has filed a third amended application with the US SEC for a new fund structure called a ‘Shielded Alpha ETF’. The proposed structure is an extension of a traditional actively managed ETF that does not require full portfolio disclosure on a daily basis. Consequently, Shielded Alpha ETFs allow active managers to fully obscure their proprietary alpha generation strategy from the market.



Source launches GBP share class for MSCI Europe ex-UK ETF

Aug 14th, 2017 | By
Source launches GBP share class for MSCI Europe ex-UK ETF

European ETF provider Source has introduced a pound sterling-denominated share class for the Source MSCI Europe ex-UK UCITS ETF (LON: MXUK). Chris Mellor, equity product specialist at Source, commented: “Some investors may want to separate their exposures to Europe and the UK, especially with Brexit causing uncertainty around the outlook for the UK. This ETF effectively puts investors in control of the allocation.”



WisdomTree Canada adds non-hedged class to Europe Hedged Equity Index ETF

Aug 14th, 2017 | By
First Trust Canada proposes merger of AlphaDEX Dividend and Capital Strength ETFs

WisdomTree Canada has introduced non-hedged units of the WisdomTree Europe Hedged Equity Index ETF (Toronto: EHE). EHE provides exposure to dividend-paying European equities while hedging exposure to fluctuations between the euro and the Canadian dollar. The new non-hedged units, (Ticker: EHE.B), will not be hedged back to the Canadian dollar.



First Trust launches equally weighted DJIA ETF

Aug 11th, 2017 | By
Ryan Issakainen, senior vice president, exchange-traded fund strategist at First Trust Advisors.

First Trust Advisors has launched the First Trust Dow 30 Equal Weight ETF (NYSE Arca: EDOW), providing equally weighted exposure to the 30 constituents of the Dow Jones Industrial Average (DJIA). Ryan Issakainen, senior vice president, ETF strategist at First Trust Advisors, commented: “We believe that the equally weighted version of this index is a noteworthy enhancement for ETF investors, in comparison to the traditional price-weighted version.”